Binance Labs invested in a round that will support enhancement of Cocos-BCX's blockchain game development platform.

Cocos-BCX, the US-based creator of a blockchain-focused game development platform, has received $40m in financing from investors including Binance Labs, the strategic investment fund formed by cryptocurrency exchange Binance.

Binance Labs was joined by Neo Global Capital, the investment vehicle for cryptocurrency operator Neo Foundation, and venture capital firm 500 Startups in addition to undisclosed additional backers.

Formed by the founders of open-source game development platform Cocos2D-x, Cocos-BCX is working on a game engine that enables users to create and…