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Binance Labs Bets Big on Web3 Gaming with $15M Investment in Xterio

Xterio, a Web3 game platform and publisher, has received an investment commitment of $15 million from Binance Labs, the investment arm of Binance, the largest cryptocurrency exchange in the world by trading volume. Xterio will be able to launch its own tokens and incorporate cutting-edge features like AI thanks to the money it has raised. Xterio is a GameFi-as-a-service platform that enables its developer partners to build free-to-play games. The venture capital firm FTX Ventures, along with XPL...
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FUSION INTERACTIVE PTE. LTD: Binance Labs Co-Led a $6.6M Seed Round for Fusionist to Further Support Early-Stage Web3 Gaming Innovation

Main Takeaways:In May 2022, Binance Labs co-led a $6.6 million strategic investment in Fusionist, a Web3 gaming DApp, to drive innovation and adoption in Web3 gaming.Fusionist is creating a scalable multi-gaming
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