Binance shakes hands with Amit Finance to develop Defi

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Binance Labs announced a $4.5 million investment in the decentralized finance app (DApp) Ambit Finance, RBIF. The goal is to enhance the utility of BUSD and several other crypto assets.*📷*

Through a strategic partnership, Binance Labs and Ambit will jointly develop future DeFi applications with a focus on innovation, security, and risk control. At the same time, Ambit strengthens cooperation with projects in the BNB Chain ecosystem.*📷*

Since the collapse of FTX, founder Changpeng Zhao (CZ) emphasized the importance of DeFi and cryptocurrency self-custody. Are people holding onto DeFi projects at the moment?*📷*

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Posted in Binance Reddit

5 Comments

  1. CoinCarp on 30. December 2022 at 19:58

    I think self-custody is more important

     


  2. Outrageous_Duty_8738 on 30. December 2022 at 19:58

    DeFi is certainly the way to go

     


  3. Camellia_Alice on 30. December 2022 at 19:58

    Managing your own coins on a decentralized wallet is still the safest. Especially with the upcoming web3 trend. Some wallets may recommend Metamask, trustwallet, RoboWallet (new wallet coming soon with company based in Singapore) r/roboinu

     


  4. Buseuj on 30. December 2022 at 19:58

    Take a look and you will not regret it! ❤️ https://youtu.be/QqjStuWImAw

     


  5. daytrader24 on 30. December 2022 at 19:58

    DeFi should also include the trading apps