Changpeng founded Binance and Binance Labs, having previously served as CEO of Binance from 2017 to 2023. His background includes founding BijieTech and holding development roles at Blockchain, Fusion Systems, and Bloomberg.
The investment from Binance Labs will support the protocol's multi-chain growth and team expansion.
"Binance Labs is committed to supporting DeFi projects and founders driving innovation for the future of the Web3 industry. We have seen tremendous potential in the LSDfi sector, which plays a crucial role in driving the overall growth of the DeFi ecosystem. We look forward to working with Helio and Synclub, and hope to see the project grow as a leading LSDfi protocol on BNB Chain and other blockchains."
— Yi He, Co-Founder of Binance and Head of Binance Labs
