Binance discovers Oasis in $45m round

Jul 10, 2018 • Robert Lavine

Cryptocurrency exchange platform Binance has invested in a first round for Oasis Labs, the creator of a blockchain-based cloud computing platform.

Oasis Labs, a US-headquartered startup developing a blockchain-based cloud computing platform, has received $45m in funding from investors including cryptocurrency exchange platform Binance.

The round also featured crypto asset management firms Electric Capital and Polychain, crypto asset hedge funds Metastable and Pantera, and venture capital firms Accel, Data Collective, Foundation Capital and Andreessen Horowitz, the latter through its a16zcrypto vehicle.

Oasis Labs is developing a high-performance cloud computing platform on the blockchain that is intended to bring the heightened security,…

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