Binance Labs, the venture capital and incubation arm of Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator, to improve interoperability across diverse blockchain ecosystems and drive the growth of decentralized finance (DeFi). Rango's cross-chain capabilities enable seamless transactions across multiple blockchain ecosystems, including major players like Bitcoin, Solana, Tron, Cosmos Ecosystem, and Starknet.

Rango's services are integrated with prominent wallets and decentralized applications (Dapps) such as TrustWallet, Exodus, Binance Web3 Wallet, and Compound, demonstrating its ecosystem integration. The platform supports over 60 blockchains, 70+ DEXes, and 20+ bridges, processing over 2.5 million swaps for 590,000 unique wallets, with a total transaction volume exceeding $3 billion as of June 19.

Rango's operational efficiency is evident in its processing of over 2 million daily swap quotes, ensuring swift response times and handling over 3,000 organic cross-chain swaps daily. This strategic investment aligns with Binance Lab's goal of supporting projects that promote cross-chain development and innovation.

The partnership aims to enhance Rango's innovative cross-chain solutions, supporting diverse blockchains and ensuring secure and efficient token swaps. Rango plans to extend its infrastructure and support additional chains, bringing the next billion users into the DeFi ecosystem. The ongoing integration with trending blockchains ensures Rango remains at the forefront of cross-chain trading innovation.

This investment highlights the industry's move towards enhanced cross-chain functionality and operational efficiency in DeFi, aiming to foster broader adoption and drive significant growth across the decentralized finance landscape.