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Binance Labs Doubles Down on Ultiverse with Another $5 Million Investment

Binance Labs has made an additional $5 million in equity investment in Ultiverse, a VR metaverse project. The additional equity investment is said to ensure that Binance Labs has a say in the future development direction of the project. Previously, Ultiverse closed a $4.5 million seed funding round last week, led by Binance Labs and Defiance Capital, with participation from Three Arrows Capital and others.
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Binance

Metaverse

Fund Raising

Web3

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