Binance Labs Announces Investment in Particle Network

BlockBeats news, on August 1, according to official news, Binance Labs announced its investment in the modular blockchain Particle Network, which is an L1 solution that unifies all blockchains through universal accounts, aiming to solve the user and liquidity fragmentation problems in Web3.

The newly raised funds will be used to expand the global team, enhance the functionality and integration of its chain abstraction ecosystem, and ensure the launch of its L1 mainnet later this year.