Binance Labs Leads Seed Round of Naming Service Network SPACE ID

Binance Labs announced that it led the seed funding round of SPACE ID, a naming service network, with the amount undisclosed. The fund will be used to level up SPACE ID's first version of the .bnb domain and develop its upcoming domains. SPACE ID launched the .bnb domain in August this year, and has completed 10 premium .bnb domain auctions on the Binance NFT marketplace, with more than 19,000 .bnb domain names having been registered. The team is working to partner and integrate with many projects within the BNB Chain ecosystem.