Binance Labs Announces Investment in aPriori on Monad

Binance Labs, a venture capital fund, has announced an investment in the Liquid Staking solution on Monad called aPriori.

Binance Labs Announces Investment In Apriori On Monad

On July 30, 2024, Binance Labs announced an undisclosed investment in aPriori, a Liquid Staking solution combined with the Miner Extractable Value (MEV) model built on the Monad layer-1 blockchain.

The new capital from Binance Labs through the Incubation Season 6 program will enable aPriori to expand its team, accelerate research and development efforts, strengthen security protocols, and optimize blockchain performance for broader scalability.

About aPriori

Apriori

aPriori successfully raised a total of $10 million through two funding rounds: Pre-seed ($2 million) and Seed ($8 million), with participation from notable investment firms such as Pantera Capital, Consensys, OKX Ventures, CMS Holdings, ABCDE, Flow Traders, Hashed, and Arrington Capital.

In their announcement, Binance Labs mentioned that aPriori is building MEV infrastructure and Liquid Staking services on Monad. This allows users to both stake for rewards and profit from MEV by optimizing transaction order.

aPriori’s mission is to decentralize the Monad network while enhancing user experience by reducing gas fees, optimizing network traffic, and creating sustainable incentives for validators. The aPriori development team boasts experience from platforms such as Jump Crypto, Coinbase, Bridgewater, Protocol Labs, D.E. Shaw, Pyth Network, and Flow Traders.

The support from Binance Labs underscores the expansion potential of the Monad layer-1 blockchain, which was valued at $3 billion following a $225 million funding round led by Paradigm. This makes it the highest-funded blockchain project of 2024, a title previously held by Wormhole with the same amount in 2023.

Related: Monad Seeks $200 Million Funding from Paradigm

(1 vote)

5.0/5

(1 vote)

Latest

Whales Dump Xrp As $50 Million Floods Out Daily

News | Altcoin | Editor Choice

Whales Dump XRP as $50 Million Floods Out Daily

The relentless sell-off of XRP by crypto whales is shaking the market, with $50 million worth of tokens dumped daily, dragging prices lower and sparking fears of a deeper bearish cycle ahead.

Luxembourg Becomes First Eurozone Nation To Invest In Bitcoin

News | Bitcoin | Editor Choice

Luxembourg Becomes First Eurozone Nation to Invest in Bitcoin

Luxembourg’s sovereign wealth fund has allocated 1% of its portfolio—around USD 8 million—into a Bitcoin ETF, making it the first Eurozone country to officially invest in the digital asset.

Bitcoin Whale Addresses Holding Over 100 Btc Hit Record High

News | Bitcoin | Editor Choice

Bitcoin Whale Addresses Holding Over 100 BTC Hit Record High, Bull Run Through 2026

As Bitcoin whales ramp up accumulation and prices soar to new highs, Citigroup forecasts that the bull market could continue through 2026 — setting the stage for another explosive rally in the world’s largest cryptocurrency.

70% Of Bnb Chain Memecoin Investors Are In Profit

News | Editor Choice | Memecoin

70% of BNB Chain Memecoin Investors Are in Profit – CZ’s “Meme Season” Is in Full Swing

The memecoin wave on the BNB Chain is exploding, with over 70% of investors reporting profits as capital floods in — marking the start of the most vibrant “meme season” ever predicted by CZ.

Paypay Acquires 40% Stake In Binance Japan

News | Editor Choice | Policy & Regulations

PayPay Acquires 40% Stake in Binance Japan

The acquisition of a 40% stake in Binance Japan marks a historic milestone for PayPay, paving the way for the convergence of traditional payments and digital assets, and shaping the future of Japan’s digital finance landscape.

Screenshot 2025 09 10 100533