News/Radiant Capital Secures $10 Million from Binance Labs

Radiant Capital Secures $10 Million from Binance Labs

Jul 20,2023,21:36

Binance Labs has invested $10 million in Radiant Capital, a cross-chain lending protocol. The funds raised will drive further product developments, including extending oracle support, expanding collateral options, and deploying on the Ethereum mainnet.

Radiant, built on top of LayerZero, supports lending and borrowing across chains and currently offers a wide range of collateral on Arbitrum and BNB Chain.

According to TokenInsight data, Radiant Capital ($RDNT) went up by 12.18% in the last hour, trading at $0.316390 now.

 

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