BingX Launches Investment Arm To Fund Crypto Projects

Crypto exchange BingX has launched an investment arm to fund crypto projects amid growing market optimism. The company seeks to provide multiple services to digital asset startups, not limited to technical and strategies. This year, crypto funding continues to soar following increased market participants for traditional players. 

BingX To Partner Crypto Projects

BingX has announced BingX Labs to partner with potential projects in a bid to deploy their tokens effectively in addition to other technical services including market making. The exchange staff will act as consultants with startups leveraging on strategic and technical expertise to achieve their goals. 

“The creation of BingX Labs signifies BingX’s commitment to innovation and growth in the blockchain space. By fostering a supportive community and utilizing a user-centric approach, BingX aims to enhance the overall user experience and bring quality projects to its platform. This initiative is part of BingX’s broader strategy to position itself as a leader in the crypto space, offering unparalleled opportunities for both users and project developers.”

According to the release, the exchange seeks projects with user acquisition potential and strong marketing among others. 

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David Pokima

David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.