Binance Labs invests in Pendle Finance to scale DeFi yield opportunities and drive adoption for LSDfi

Binance Labs, the venture capital and incubation arm of Binance, has invested in Pendle Finance, a DeFi protocol that enables the tokenization and trading of yield. The investment emphasizes Binance Labs’ commitment to supporting promising projects that will shape the next generation of DeFi primitives, and enable Pendle Finance to extend their reach across various blockchain ecosystems, providing both retail and institutional users with inclusive access to DeFi yield opportunities.