Binance Labs, the venture capital and incubation arm of Binance, the world’s largest cryptocurrency exchange, continues to invest in new cryptocurrency projects.

At this point, Binance Labs announced the latest cryptocurrency projects selected for the 7th season of the incubation program.

Which Cryptocurrency Projects were Selected?

Binance Labs announced the first batch of projects accepted into the Season 7 Incubation Program on X.

These projects include decentralized exchange Astherus, bridgeless aggregate liquidity network Cycle Network, sharding-based data availability network Dill, and EigenLayer’s first native DeFi protocol Eigen Explorer.

“We are excited to announce the first group of projects we have accepted into the Season 7 Incubation program

AstherusHub cyclenetwork_GO dill_xyz_ EigenExplorer

Note: Incubation acceptance is not the same as Labs investments.”

We’re thrilled to unveil the first batch of projects that we admitted into Season 7 Incubation@AstherusHub@cyclenetwork_GO@dill_xyz_@EigenExplorer

Note: Incubation admission isn’t the same as Labs investments.

Learn more about the projects (listed alphabetically) below

— Binance Labs Fund (@BinanceLabs) July 30, 2024

*This is not investment advice.