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LBank Labs announces investment in cross-chain DeFi protocol Entangle

LBank Labs announced its investment in the cross-chain DeFi protocol Entangle. Other institutions participating in this round of financing include Big Brain Holdings, Launch Code Capital, Skynet EGLD Capital, Cogitent Ventures, Owl Ventures, Faculty Group, and Seier Capital. LBank Labs manages assets worth $100 million and is committed to supporting and helping the development of Web3 startups by providing resource support and helping startups stand out in a competitive market. Entangle is an innovative project aimed at redefining Web3 communication, scalability, and liquidity. It provides the first customizable interoperable infrastructure for unifying Web3 and optimizing ecosystem liquidity. Entangle allows builders and decentralized applications (dApps) to securely share authenticated, customizable, and interoperable data on the blockchain. By providing customizable datasets from any chain or source, Entangle unlocks a vast array of scalable use cases for Web3 and the internet. Its first native application, "Liquid Vaults," utilizes underlying primitives to unlock composability of yield assets. Entangle's features provide a foundation for optimizing liquidity and expanding domains for any connected application on any blockchain.

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