LAB Secures $5 Million in Funding on October 9, 2025

According to relevant media reports, multi-chain trading terminal LAB completed a $5 million funding round on October 9, 2025. Investors in this round include prominent institutions such as Lemniscap, OKX Ventures, GSR, Animoca Brands, Amber Group, Cypher Capital Group, Kucoin Ventures, Gate Ventures, MEXC Ventures, and Selini Capital.LAB is a multi-chain trading terminal offering users proprietary trading algorithms, multi-chain support, and customizable features, aiming to deliver a more efficient trading experience for traders. The project is committed to integrating resources from major exchanges, lowering the trading threshold for users, and providing a one-stop trading solution.Following the completion of the funding round, LAB has garnered widespread attention and recognition in the market. Subsequently, LAB accelerated its development through several initiatives: On October 13, Gate announced the launch of LAB spot trading; on October 14, Binance launched the LAB TGE event, officially commencing LAB trading; on October 16, LAB repurchased over 20.9 million LAB tokens within 30 hours at a cost of approximately $2.35 million, demonstrating the project's long-term commitment to its ecosystem. Additionally, LAB plans to integrate perpetual contract functionality into its terminal and launch a mobile application on October 18, further expanding user reach and application scenarios. On November 1, OKX announced the listing of LAB USDT perpetual contracts, offering users additional trading options.These initiatives clearly indicate that LAB is rapidly becoming a key participant in the multi-chain trading ecosystem, providing users with more convenient and professional trading tools.