Argentina’s Ministry of Production and Labour will provide grants for blockchain technology portfolio companies of Binance Labs and the LatamEx-backed Founders Lab.
Binance Labs, the incubator and venture capital fund formed by US-based cryptocurrency exchange Binance, has partnered Argentina’s government to co-invest in blockchain projects.
Argentina’s Ministry of Production and Labour has agreed to provide a grant of up to $50,000 for every project that receives funding from Binance Labs through a collaboration with Founders Lab, a blockchain accelerator affiliated with logistics service provider LatamEx, over a four-year period, with an aim to invest in up to 10 projects each year.
Binance…
