Binance Labs Investment Director Tyler Z. commented, “We believe this strategic investment to be an opportunity to introduce an advanced lending protocol to the BNB Chain community. We hope that Ambit Finance can bring mass adoption of DeFi and that users on BNB Chain will be able to enjoy multiple tailored approaches to advanced lending and risk control.” Binance Labs’ investment in Ambit Finance is a clear indication of the growing interest and support for DeFi, which is seen as a transform...