Binance
has announced that it has acquired DappReview, a blockchain data startup based
in Beijing.
DappReview also offers data-driven research and advertising services blockchain-based decentralised applications (Dapps).
As
reported by Coindesk, in an interview, Viktor Radchenko, founder at
Binance’s Trust Wallet said: “The acquisition of Beijing-based DappReview will
help the world’s leading exchange by volume to further develop its existing
dapps and create new blockchain use cases. In the near future, Trust Wallet
will integrate DappReview APIs to provide easy access to explore new dapps and
crypto games, as well as more insight into DeFi [decentralized finance]
services, analytics and usage.”
As
per a statement from Binance, in return, Binance will offer support for
DappReview in non-technical fields, including marketing and business
development while the platform maintains its independence in technical
development and operations. Vincent Niu, founder of DappReview said: “By
working with Binance X [the company’s developer network] and Launchpad,
DappReview will bring in more talented Dapp developers and assist promising
Dapp projects on fund-raising. DappReview will partner with the public chains
and protocols in the Dapp space through Binance’s ecosystem.”
One of Binance’s more recent funding rounds was through Dapix, a Colorado-based blockchain company has announced that it has raised £4.63m in a recently held series A funding round led by Binance Labs. David Gold, Dapix founder and CEO in a statement said: “The Internet was around for more than 10 years before a key usability protocol enabled usage to explode. Our goal is nothing less than to have the decentralised FIO Protocol enable a similar outcome for the blockchain ecosystem.”
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The post Binance acquires Chinese blockchain data startup DappReview appeared first on The Block.
Credit: Blockchain News
