Binance Backs New Cross-Chain DEX and Bridging Platform

Binance Labs, the venture capital arm of the world’s largest cryptocurrency exchange, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridging aggregator.

Rango: Connecting Traders Across Blockchains

Rango aggregates liquidity from multiple blockchains, including Bitcoin, Solana, Tron, and Cosmos. It offers over 60 digital assets, 70 DEX protocols, and 20 bridges, with a total trading volume exceeding $3 billion.

Simplifying DeFi for Users

By focusing on DeFi infrastructure, Rango aims to make DeFi accessible to a wider audience. Binance believes that Rango’s services will play a key role in bringing the next billion users to DeFi.

Binance’s Commitment to Cross-Chain Innovation

Yi He, co-founder of Binance and head of Binance Labs, said that Rango’s focus on cross-chain development aligns with Binance’s goal of supporting projects that drive innovation in the DeFi space.