Binance Labs boosts investment in ex-Meta workers' blockchain startup

Binance Labs, the venture capital arm of world's largest crypto exchange Binance, said on Thursday it is increasing its investment in blockchain startup Aptos Labs. Binance had previously joined Aptos' $150 million funding round earlier this year. Aptos, based in Palo Alto, was founded by former Meta Platforms employees who worked on the company's failed Diem stablecoin project.