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On the 6th of June of this year, Binance Labs, the homegrown investment and venture capital unit of Binance, placed their trust in $CAKE- the [...]

When it comes to crypto, it can be difficult to know which projects are worth investing in, especially the newer projects entering the market. Having to consider profitability, scalability, community, and so on, there's a lot to think about before investing.

With so many different projects being launched every week in the crypto world, it can be hard to break through the noise. Despite this, 3 extremely interesting projects have managed to gain a ton of traction recently: Gnox, Pancakeswap and Uniswap. Could GNOX, UNI and CAKE be the next big things in crypto for 2022? …

After Binance Labs established a strategic investment in PancakeSwap, the network's utility and governance token, CAKE, has once soared by nearly 10%.

The world's leading crypto exchange service provider, Binance, announced another new move by its venture arm. Binance revealed that its venture arm, Binance Labs, has purchased a significant stake in PancakeSwap's governance token, CAKE.

PancakeSwap surges 9% as Binance labs make a strategic investment we can see more today in our latest Binance news today. The price of PancakeSwap surges 9% after binance revealed a strategic investment in the platform and now CAKe skyrocketed by about 9% as the exchange revealed a strategic investment in the decentralized exchange.

Binance labs makes strategic investments in pancakeswap and CAKE tokens after announcing via its incubation arm so let's read more today in our latest cryptocurrency news. Binance's venture capital branch announced it invested in cAKE as the utility and government token of PancakeSwap.

Technical Key Point PancakeSwap rise by 7.83% Cake is currently trading at $4.77 PancakeSwap Past Performance PancakeSwap's price has increased by 7.83% in the last 24 hrs, and its volume of trading is $168,344,066.42. The highest price in the last 24 hours was $4.84 while the lowest was $4.34, a difference of $0.50 or 11.77%.

The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs announced it has invested an undisclosed amount in PancakeSwap (CAKE). Binance says the investment will provide both technological and marketing support as part […] The post Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment appeared first on The Daily Hodl.

Recently, Binance has established a $500 million fund to help the Web3 economy and cryptocurrency start-ups in general. On Monday, Binance Labs, the world's largest crypto exchange's venture capital and investment arm, made a strategic investment in PancakeSwap.

Binance has invested in Pancake Swap's utility token.

Binace Labs has announced a strategic investment in PancakeSwap's governance and utility token CAKE.

The price of PancakeSwap's native token, the CAKE, has jumped after Binance's venture arm, the Binance Labs, purchased CAKE tokens as an investment. Although even after today's rally CAKE is still way down from its all-time high of $43.96 that it had set last year on April 30, the move by Binance Labs proves that […] The post PancakeSwap (CAKE) price up 8% after Binance's venture capital purchased CAKE token appeared first on Invezz.

Binance Labs, the investment and incubation arm of leading crypto exchange Binance, announced Monday that it has made a strategic investment in leading BNB Chain-based decentralized exchange PancakeSwap. The investment comes a few days after Binance Labs secured $500 million in funding to support blockchain and web3 ecosystems.

CAKE soared by 9% as Binance Labs reveals a strategic investment in PancakeSwap.

Binance Labs, the venture capital and incubation arm of Binance (CRYPTO: BNB), has made an investment in PancakeSwap, a decentralized exchange built on BNB Chain. The investment is aimed at facilitating the next wave of global blockchain adoption by providing technology development, marketing and community support, and enterprise solutions for Web3 transformation.

Binance Labs, the venture capital and incubation arm of Binance, has made an investment in PancakeSwap's utility and governance token ‘CAKE' for an undisclosed amount. CoinGecko data reports that as a result of the investment, CAKE's price soared nearly 10% in the past 24 hours and is currently trading at $4.78.

Coinspeaker Binance Labs Makes Strategic Investment in PancakeSwap

PancakeSwap's CAKE token has jumped in price after Binance Labs announced it had bought an undisclosed amount of the governance token. The post PancakeSwap (CAKE) price rises 9% as Binance Labs purchases tokens appeared first on The Block.

Binance Labs, the venture capital and investment arm of the world's largest crypto exchange, announced a strategic investment into PancakeSwap on Monday. According to the official statement released by the company, the capital was deployed into CAKE, the governance and utility token for the protocol.

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The world's largest crypto exchange Binance on Monday said its venture arm Binance Labs has made a strategic investment in PancakeSwap's governance and utility token CAKE. Binance Labs envisions leading the next wave of global blockchain adoption by providing technology development, marketing and community support, and Web3 solutions.

Despite the rally, CAKE is still 36% below the $7.46 level from a month ago on the back of a challenging May for the crypto markets.

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