In 50 Words: Binance Labs invests $10m in Helio for liquid staking expansion

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In 50 Words: Binance Labs invests $10m in Helio for liquid staking expansion

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Binance Labs has invested US$10 million in the Helio Protocol to aid its transition to a liquid staking platform. The investment will support Helio’s expansion to other chains from its current base on the BNB Chain.

The platform aims to launch on Ethereum, with plans to connect with L2 networks such as Arbitrum and Zksync later.

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