Binance Labs, the incubator and investment arm of the world’s largest cryptocurrency exchange, said it invested an undisclosed amount in Salus Security, which provides blockchain smart contract audits and automated smart contract vulnerability detection.
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Fast facts
Binance Labs said in a statement on Monday that it led the seed funding round for Salus Security, without saying how much was raised.
“At Binance, security has always been a priority and we’re on the continued lookout for service projects that offer innovative security solutions to resolve pain points currently facing the blockchain ecosystem,” Yi He, Co-Founder of Binance and Head of Binance Labs, said in the statement.
Yi He, Binance cofounder and head of Binance Labs, told Forkast in an interview that she has aggressive plans for the venture capital arm, which manages US$7.5 billion in assets across more than 200 projects.
He...
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