Ankr is strategically invested by Binance Labs, one of the largest global crypto exchanges. The support of such major strategic alliances will assist Ankr in its mission of attracting more people to the crypto space.
Funds will be used to double the RPC services while building the Web3 Developer Kit, which includes the Liquid Staking DK, Web3 Gaming SDK, and Application Chains as a Service.
Ryan Fang, Head of Operations at Ankr, has this to say: We are very excited to have Binance Labs as a strategic investor, where the BNB Chain is the chain with the highest number of daily transactions and active users. We are committed to supporting the BNB Chain in scaling, improving BNB token utility using BNB Liquid Staking, and expanding the Binance Application Sidechain (BAS) ecosystem.
After the news, ANKR prices rose more than 60% in an hour, peaking at $0.58, before dropping slightly.
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