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On April 30, cryptocurrency alternate Binance unveiled two LaunchPools for the then-upcoming record of Sui tokens. As a layer 1 blockchain created by Mysten Labs, which in flip was based by former Meta executives, Undertaking Sui was extremely anticipated and raised $300 million from enterprise capitalists resembling FTX Ventures, Coinbase (NASDAQ:) Ventures, Leap Crypto, a16z and Circle Ventures. On Binance, customers can stake BNB or TrueUSD() to mine a share of 40 million Sui tokens.
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