- The decentralized financial platform Astherus, which aims to maximize real income for digital assets, has received investment from Binance’s venture capital and incubator division.
The investment in the multi-asset liquidity hub was disclosed by Binance Labs on November 28.
With the money, Astherus will be able to improve user experience, launch additional yield-generating goods, and speed up product development. The platform will be able to streamline DeFi interactions and increase its return methods with this investment, giving consumers access to long-term profit prospects.
DeFi users can benefit from Astherus’ multi-chain yield techniques, which combine high returns with institutional-grade security. With tools like stablecoin yield farming and derivatives trading, its main project, AstherusEarn, opens doors.
With more initiatives, such as AstherusLayer, a specialized layer-1 blockchain that allows multi-asset staking and uses BNB as gas costs, the team intends to expand its DeFi ecosystem.
Binance Labs was established in 2018 and has made investments in more than 250 projects, such as Injective, Sui, Celestia, and OpenEden. It has also recently supported leading Bitcoin staking providers and TON blockchain initiatives.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
