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CZ’s Call for “Self-custody” Means This for Binance and Its Future

The world’s largest exchange, Binance, announced an investment that seems rather odd. This was especially that it may draw users away from the platform.

Binance Labs, the chain-agnostic incubator and the venture capital arm of Binance, revealed a strategic investment in hardware wallet maker NGRAVE. Furthermore, the investment looks to be an attempt to capitalize on renewed calls for self-custody in the industry. 

(by Suzuki Shillsalot)


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