Kernel secures $10 million from Binance Labs to boost BNB Chain's DeFi capabilities.

Kernel, a DeFi infrastructure firm, has secured funding from Binance Labs to enhance restaking on BNB Chain, aiming to improve economic security and utility for the crypto ecosystem. With a total funding of $10 million, Kernel plans to launch its mainnet and integrate various assets to support DeFi innovations, making BNB Chain more scalable and secure. This partnership aims to open up new opportunities in DeFi and Real-World Assets.

November 25, 2024
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