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

According to relevant media reports, multi-chain trading terminal LAB secured $5 million in financing on October 9, 2025. Investors in this round include leading 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 committed to delivering a superior trading experience through proprietary trading algorithms, multi-chain support, and customizable features. As an emerging trading tool, LAB addresses the market demand for efficient cross-chain trading solutions.Following this round of financing, LAB rapidly advanced product iteration and market expansion. Within just one month after the funding, LAB achieved several significant milestones: spot trading was launched on major exchanges (listed on Gate on October 13, 2025, and TGE initiated on Binance on October 14, 2025). The project team also repurchased over 20.9 million LAB tokens within 30 hours at a cost of approximately $2.35 million, demonstrating strong long-term confidence in the project. Additionally, LAB has plans to integrate derivatives functionality and launch a mobile application, further enhancing its trading ecosystem. With the launch of the OKX Perpetual contract on November 1, 2025, LAB will offer users a more comprehensive trading experience and drive the development of the multi-chain trading terminal sector.