LBank

#LBank — Future & Diversity At LBank, we believe that the inclusiveness and diversity of experiences and ideas inspire creativity. As a company, we are committed to promoting equality and human rights. Together for a better future!

🎉Excited for the Blockchain Party during #Consensus Day 2! 🥂Join us for an exclusive soirée with AlphaPoint, Sumsub and Chainalysis at 70 Rainey St, Austin. 🚀Network in style with top industry peers, enjoy gourmet bites, and dance to our DJ's beats. Don't miss out, register now👉 https://lu.ma/pka4hzlm

LBank Labs Backs Scallop’s Strategic Round Led By CMS Holdings and 6th Man Ventures LBank Labs, a leading blockchain venture fund, is excited to announce its investment in Scallop alongside investors such as CMS Holdings, 6th Man Ventures, Kucoin Ventures, UOB Venture and others. With the growing popularity for DeFi projects, Sui Network has become a popular choice for developers to build their DeFi products due to its high transaction speeds and low fees. One of the trending protocols on Sui Network currently is Scallop. It saw an exponential growth in their Total Value Locked (TVL) over the past few months, hitting an all time high of $160M. Scallop is the leading money market on Sui Network emphasizing institutional-grade quality, enhanced composability, and robust security. They are dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, digital asset self-administration tool on a unified platform and offering an SDK for professional traders. More than just a lending and borrowing platform, Scallop also offers various features sCoin lending derivatives, Scallop Tools (Sui Programmable Transaction Blocks building tool), Flash Loan, SDKs, cross-chain bridging and Scallop Swap. Scallop Swap is the latest feature implemented that allows users to seamlessly swap across different coins on Sui Network. Some of the other investors joining Scallop’s latest strategic round include CMS Holdings, 6th Man Ventures, Kucoin Labs, Blockchain Founders Fund, Kyros Ventures, UOB Venture and many others. Scallop is also backed by various notable Crypto investors and KOLs like Dingaling, Pentoshi, Zeneca and many others. Through all their investment rounds, Scallop has raised a total of $3M. Additionally, they were the first DeFi protocol on Sui to receive an official grant from Sui Foundation. "We are excited to deepen our commitment to the Sui ecosystem through our investment in Scallop. The Scallop team has consistently demonstrated strength in product development and security measures. Its Trilinear Interest Rate Model captures the dynamics of interest rate. We are thrilled to support their ongoing efforts, ensuring that innovation and user safety go hand in hand." says Nathalie Yang, Principal at LBank Labs. “We are extremely thrilled to have LBank Labs as one of our investors, and this collaboration would greatly help to propel Scallop’s growth and development,” says Kris Lai, Founder and CEO of Scallop.

🔸Exciting News for Web3 Enthusiasts! 🔸Join the Web3 Investor Meetup in Dubai to explore the latest trends, investment strategies, and opportunities in blockchain and DeFi. 📆 May 16th, 2024 ⏳ 19:00 - 22:00 UTC+4 🔸Reserve your spot now👉 https://lu.ma/zkphtflj #LBank #Web3 #Dubai #blockchain #DeFi

🤿Dive into our latest article on the 2024 #BitcoinHalving and its potential to ignite a bullish rally for $BTC. 👩🚀We unpack the history, recent market behavior, and what it could mean for the future. 🔸Don't miss out on understanding this pivotal event! 🔸Read more here👉https://lnkd.in/dkE-ibyG

•Dive into Day 2 of Web3Summit2024 with our latest video!🛫 🎥 From insightful panels to innovative demos, see how we're shaping the future of the web, one discussion at a time. #Blockchain #Dubai #LBankLabs #Web3

•What a fantastic day it was at the HARVARD BLOCKCHAIN CONFERENCE 2024! •We're still buzzing from the energy and insights shared. •Big thanks to Harvard University and Harvard Blockchain for hosting and to everyone who joined us. #HarvardBlockchain2024 #LBankLabs #LBank

It’s almost time! 🕒 ⏳With only 1 day left, the excitement for Web3 Summit Dubai at Atlantis The Palm is at its peak! 🫵Are you ready to be part of the future? Last chance to join us on this innovative journey. #LBankLabs #TechEvent #Dubai2024 #Web3SummitDubai

•We're only 2 days away from Web3 Summit Dubai! 🚀 •The countdown is almost over. Get ready to dive into the world of #blockchain and #tech innovation at Atlantis The Palm. •Exciting times ahead! 🌟 #Dubai2024 #Countdown #Web3SummitDubai!

⏳Countdown to innovation: only 3 days left until the Web3 Summit Dubai 2024, proudly Web3 Summit, BlockNews, and LBank Labs in collaboration with Official RWA Finance, MetaStone Group, CoinTime Byka Global, L7 Exchange and Floxypay. 🔸We’re thrilled to welcome thought leaders and enthusiasts to Atlantis The Palm from April 16-17. Get ready for insightful discussions and a groundbreaking Hackathon. 🔸See you there! #Web3Summit #LBankLabs #Dubai #Event