Particle Network: Binance Labs Invests in Particle Network, the L1 Solution for Unifying All Chains via Universal Accounts

Binance Labs, the venture capital and incubation arm of Binance, has invested in Particle Network, the L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3. The number of blockchain networks is rapidly increasing, "with a growing proliferation of L1 and L2 chains across various ecosystems." This chain-dense approach to scalability "leads to highly fragmented user bases and liquidity, resulting in poor user and developer experiences alongside significant friction/costs."