Universal crypto wallet company, MathWallet has just <a href="https://www.binance.com/en/blog/421499824684901378/Binance-Labs-Leads-$12-Million-Investment-Round-for-MATH" target="_blank" rel="nofollow noopener">closed</a> a $12 million Series B funding round led by Binance Labs, the venture capital and incubator arm of Binance. The funding amount will be used to boost the crypto wallet’s product upgrades while building the overall DApp ecosystem. The investment is part of Binance Labs’ initiative to promote DeFi, startup innovation while nurturing the growth of blockchain infrastructure.
<h2><b>Binance Labs Leads $12 Million Series B Round for MathWallet
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MathWallet was one of the first cryptocurrency wallets to support the <a href="https://www.cryptoknowmics.com/news/binance-smart-chain-with-bnb-as-native-token-launched/">Binance Smart Chain</a> (BSC). The crypto wallet together with Binance Smart Chain intends to bring more trading volume and users into the ecosystem.
<div class="desktop"><strong>Eric Yu</strong>, the co-founder and CTO of MathWallet, said:</div>
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<div class="desktop"><em>"The deep cooperation with Binance Labs and Binance Smart Chain will further expand our business to the global market and continuously breakthrough with product innovation. We believe this is a field full of opportunities and challenges, and our efforts will enable more users to begin their access to the world of blockchain."</em></div>
MathWallet is a one-stop solution platform that contains MathWallet, MATH VPOS Pool, MathDEX.  The crypto wallet is a trusted Proof-of-Stake infrastructure provider and validator to stake cryptocurrencies and earn rewards with Cosmos, IRISnet, Edgeware, ChainX, Eos, Kusama, and Secret Network. dApp Store, MATH Staking, and MATH Pay.
<h2><strong>MathWallet Boasts of Over 1 Million Users</strong></h2>
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<div>MathWallet boasts of over 1 million users to enable storage of over 50+ blockchains and 3000+  tokens including <strong>BTC, ETH, BSC, and Polkadot</strong>. The wallet supports cross-chain token exchange and a multi-chain DApp store while operating the nodes for the POS chain. The crypto wallet is the only extension wallet to supports multi-chain dApps.</div>
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<div><strong>Wei Zhou</strong>, Head of Binance Labs, comments on Binance Labs' investment for MathWallet:</div>
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<div><em>"We have been super impressed with the MATH's growth since its launch. Their comprehensive coverage of public blockchains and their early support for and cooperation with the Binance Smart Chain were instrumental in our investment decision. We look forward to growing the DeFi ecosystem together with MATH."</em></div>
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The funding round was co-led by NGC Ventures, C6E (Capital6 Eagle), and Amber Group.

MathWallet Closed $12 Million Series B Round Led by Binance Labs

Universal crypto wallet, MathWallet has just closed a $12 million Series B funding round led by Binance Labs, the venture capital and incubator of Binance.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

MathWallet Closed $12 Million Series B Round Led by Binance Labs

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