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The native token of a decentralized finance (DeFi) lending and borrowing protocol built atop LayerZero Labs, Radiant Capital ($RDNT) has recently started surging following a multi-million-dollar investment from Binance Labs, the venture capital subsidiary of Binance, the world's leading cryptocurrency exchange by trading volume.
Binance Labs partners with Radiant Capital to enhance DeFi usage. RDNT prices at $0.3031 with a 7.29% surge over the last 24H.
Radiant Capital, a DeFi lending protocol, will benefit from a $10 million investment from Binance Labs to make it simpler for consumers to lend or borrow money across several blockchains.
Binance Labs, the crypto exchange's investment arm, has invested a historic $10 million in Radiant, a leading decentralized finance (DeFi) platform. This funding demonstrates confidence in the expanding DeFi community and its promising future.
Binance Labs' $10 million investment in Radiant Capital led to a 10% hike in the DeFi lender's RDNT token.
