Coinspeaker
Binance Labs Backs Blum: New Decentralized Crypto Exchange Integrated with Telegram
Binance Labs, the venture capital arm of Binance, may have just invested in Blum, according to a recent announcement. Blum is a decentralized crypto exchange that is integrated directly into the Telegram platform.
Founded by former Binance executives, Gleb Kostarev and Vladimir Smerkis, Blum has been making a name for itself in quite an unusual way. The platform is using the considerably popular “tap-to-earn” approach but in a rare way as it seeks to blend decentralized finance (DeFi) with gaming.
Blum Says Binance Investment Will Boost Its Development Plans
Blum first launched on April 19th, 2024, and quickly warmed its way to the hearts of many within the crypto community. Its rise to fame was so fast that it saw over 100,000 users sign up to its platform within the first day of its launch. That in itself was enough proof that the new decentralized exchange (DEX) had caugh
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