Binance Labs and Libra Credit Partners to Deal with the Growing Demand for Liquidity of Crypto Assets
Binance Labs and Libra Credit Partners to deal with the growing demand for liquidity of Crypto Assets based on the Ethereum blockchain.
Binance Labs (Binance’s investment branch) is a social impact fund, an initiative to incubate, invest and empower top blockchain and cryptocurrency entrepreneurs, projects, and communities, allowing traders to make BNB collateralized loans on Binance.
Libra Credit, the decentralized digital asset financial services platform is going to build a distributed lending ecosystem that facilitates credit at any time and anywhere.
Ella Zhang, CEO of Binance Labs commented stating:
“Users can guarantee their cryptocurrencies to obtain credits in variable loan denominations.” “Libra Credit founding team has a wealth of experience and resources in financial services and payment solutions. They are committed to make long-lasting impacts in the industry”.
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