{"id":81990,"date":"2023-07-20T19:46:46","date_gmt":"2023-07-20T16:46:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81990"},"modified":"2025-09-12T02:22:07","modified_gmt":"2025-09-11T23:22:07","slug":"binance-labs-invested-10-million-in-radiant-capital","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-labs-invested-10-million-in-radiant-capital\/","title":{"rendered":"Binance Labs Invested $10 Million in Radiant Capital"},"content":{"rendered":"

Binance Labs, the venture arm of the exchange, invested $10 million in the Radiant Capital lending protocol.<\/p>\n

\\\"Binance
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

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\u201cThis round of strategic financing underscores Binance Labs’ commitment to supporting innovative projects that will lead to the next era of DeFi,\u201d the statement said.<\/p>\n

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Radiant Capital representatives said the investment will support further development of the product, including expanding oracle support and deployment on the Ethereum mainnet.<\/p>\n

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Radiant Capital is a decentralized omnichannel money-market protocol. Users can stake collateral on one of the main networks and borrow on another. RDNT, as the native utility token, is used for liquidity mining and governance.<\/p>\n

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The token reacted to the news with a rally. Over the past 24 hours, RDNT rose 9.1%, according to CoinGecko<\/a>. At one point the price traded above $0.32, but later corrected to around $0.30.<\/p>\n

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\\\"Hourly
Hourly chart of RDNT\/USDT on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

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According to Defi Llama<\/a>, the value of assets locked in Radiant Capital stands at $262.5 million.<\/p>\n

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In March RDNT rose by 25%<\/a> after the listing announcement on Binance.<\/p>\n

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In July, the exchange\u2019s venture arm invested $4 million<\/a> in the data-analytics network developer, the Web3Go startup.<\/p>\n

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Earlier, Binance Labs announced investments<\/a> in five \u201cmost effective projects\u201d from the MVB V incubation program.<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance Labs invested $10 million in the Radiant Capital lending protocol.<\/p>\n","protected":false},"author":1,"featured_media":81991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1133],"class_list":["post-81990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81990"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81990\/revisions"}],"predecessor-version":[{"id":81992,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81990\/revisions\/81992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81991"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}