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Binance Labs distances from SkyArk Chronicles’ latest funding round

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Binance’s venture arm said in a recent X post it did not participate in SkyArk’s latest $15 million funding round , despite the project stating the opposite. In an X post on Jan. 29, the venture arm of Binance said did not take part in SkyArk’s latest financing round in 2024, raising concerns about the circumstances surrounding the apparently false announcement. The statement clarifies that Binance Labs had solely invested in SkyArk in 2021 through its Incubation Season 3 program. SkyArk Chronicles is a project incubated and invested in by Binance Labs in 2021 through Incubation Season 3; please note that Binance Labs did not participate in the project's latest financing round this year. Thank you all for your attention. SkyArk Chronicles 是 Binance… pic.twitter.com/wqu2PBxKGE — Binance Labs Fund (@BinanceLabs) January 29, 2024 You might also like: Epic Games Store welcomes blockchain games despite ‘adults only’ ratings Binance Labs’ s...