The Binance Labs Investment Fund has announced three new investments: Infrared Finance, Rango Exchange, ZircuitL2.
Let's briefly look at each of them as an investment made by the popular cryptocurrency exchange Binance could also be a smart investment decision for you and me.
Infrared Finance
Infrared Finance is a protocol focused on giving users access to Proof of Liquidity in one click. If you like meme coins then better stick with your memes as this one is so complicated that almost no one understands it.
If you like to dive deeper into Infrared Finance, you can start with the official investment announcement.
Rango Exchange
Rango Exchange is a cross-chain decentralized exchange and bridge aggregator. Rango aims to make it easy to transact across different blockchain ecosystems to promote the growth of decentralized finance. With its wide-ranging capabilities and support for major blockchains, Rango is set to become a top cross-chain decentralized exchange and bridge aggregator.
It will provide a solution for multi-chain wallets looking for dependable cross-chain functionality. Rango Exchange currently supports over 60 blockchains, 70+ DEXes, and 20+ bridges.
ZircuitL2
Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level. It is a new kind of Layer 2 network that uses an innovative approach to on-chain security.
The ZircuitL2 network provides users with sequencer-level security and includes automated AI mechanisms to protect against smart contract exploits and malicious actors.
The network combines proven rollup infrastructure with zero-knowledge proofs, resulting in a fast, low-cost, and fully EVM-compatible ZK rollup that offers unparalleled security without sacrificing speed or compatibility.
My Final Conclusion
Three are the latest three official investments made by Binance. I think that Rango and Zircuit are two projects that are worth having a closer look at.
Rango Exchange already supports over 60 blockchains, 70+ DEXes, and 20+ bridges which makes it convenient to interact with all of them. When it comes to Zircuit then an AI exploit alarm is something that is urgently needed.
Please note that my post about the latest investments made by Binance reflects my personal opinion and is not intended to be professional investment advice. Please do not interpret it as such under any circumstances. Always perform #DYOR before making any investment decisions.
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