Binance Labs announces investment in Astherus

Binance’s venture capital and incubation arm has invested in Astherus, a decentralized finance platform that aims to maximize real return on digital assets.

Binance Labs announced the investment in its multi-asset liquidity center on November 28.

The capital will enable Astherus to accelerate product development, deliver new revenue-generating products and improve the user experience. This investment will allow the platform to expand yield strategies and simplify DeFi interactions, providing users with access to sustainable profit opportunities.

“Astherus’ approach to increasing asset utility and real return aligns with Binance Labs’ commitment to supporting projects that build meaningful technology and support ecosystem growth. “We are excited to support Astherus in delivering greater value to DeFi users worldwide,” said Nicola W., investment director at Binance Labs.

Astherus offers multi-chain yield strategies that combine institutional-grade security and high returns to benefit DeFi users. Its flagship project, AstherusEarn, unlocks opportunities through applications such as stablecoin yield farming and derivatives trading.

The team plans to grow the DeFi ecosystem with additional projects, including AstherusLayer, a private layer-1 blockchain that supports multi-asset staking and uses BNB (BNB) as gas fees.

Founded in 2018, Binance Labs has invested in more than 250 projects, including Injective, Sui, Celestia, and OpenEden. Recently it has also supported top TON blockchain projects and Bitcoin staking providers.