Venture capital and blockchain accelerator LBank Labs aims to establish its investing thesis of “Platform, Standard, Ecosystem” as a household term in the industry. Global crypto exchange LBank revealed its 100 million USDT investment arm around the end of last year.
LBanks Labs established a fund of 100 million Tether (USDT) around the end of October 2022. The venture capitalist branch has since been scouting for viable blockchain startups, entrepreneurs and communities to finance in order to facilitate wider blockchain growth and crypto adoption.
Czhang Lin, angel investor and key member of the direction board of Labs, revealed this week that Labs will roll with the slogan “The Other Angle”. “It embodies our vision on the industry and investing in blockchain. We come equipped with a different outlook on identifying promising projects and the entire ecosystem as a whole,” Lin stated.