Initia Co-founders: Binance Labs is the first and largest investor in Initia

ChainCatcher news, the full-chain Rollup L1 network Initia co-founder zon stated on social media, "Back in early 2023, Binance Labs (now YZi Labs) became our first investor and has been the largest investor to date.

At that time, Initia was struggling with just a vision and a minimum viable product (MVP), but fortunately, Binance Labs saw it. I would like to believe that, more importantly, they saw the strength of the team we were building."

Previous news, Initia (INIT) launched on Binance Launchpool.