Six Binance Smart Chain DeFi projects awarded grants from $100M fund
Global cryptocurrency exchange Binance announced funding for six projects building on the firm’s smart chain.
In an Oct. 14 statement, Binance stated that blockchain projects AnySwap, Arkane Network, BakerySwap, Bitquery, PancakeSwap and Proxima will receive $350,000 in grants through the firm’s $100 million fund. More than 180 projects have applied for grants since the fund was announced in September. The firm chose the six projects using criteria examining teams, products and contribution to the blockchain ecosystem.