Binance Chain Secures Google Cloud’s $10M Backing for MVB Program in AI, DeFi, and NFTs

• Binance Chain secures $10M in Google Cloud credits to boost its MVB Program, supporting AI, DeFi, and NFT projects.
• With over 4,000 dApps, Binance Chain continues to grow as a hub for decentralized innovation, leveraging Google Cloud for operational scaling.

In a very strategic move, Binance Chain has gained $10 million in cloud service credits from Google Cloud, directed at advancing its Most Valuable Builder (MVB) Program. This development aligns with a recent CNF update highlighting the predicted major Binance rumors, suggesting a new listing could be on the horizon.

This substantial backing is set to support the growth of over 40 innovative projects focused on AI, decentralized finance (DeFi), and NFTs, providing these initiatives with vital resources to scale and develop within the Binance ecosystem.

Expanded Cloud Access Drives Project Development

As part of the development, Binance, in a recent tweet, shared November’s crypto insights. Binance Research’s latest insights reveal this month’s key industry developments.

Navigate November's crypto insights.@BinanceResearch's latest insights reveal this month's key industry developments.

Read the full report https://t.co/RetipZ9OTU

— Binance (@binance) November 12, 2024

By providing access to Google Cloud’s robust infrastructure, Binance Chain aims to support teams working on decentralized technologies to expand their capabilities, with hands-on guidance from Binance Labs and CMC Labs on operational growth and project scaling.

The eighth round of Binance’s MVB Program has introduced additional support, offering up to $350,000 in Google Cloud credits for AI-driven projects and $200,000 for non-AI ventures.

Binance Chain: A Flourishing Hub for Decentralized Innovation

The platform’s ongoing collaborations and growing community position it well to continue driving blockchain development across sectors, underpinned by new cloud capabilities from Google.

With this enhanced resource pool, Binance Chain strengthens its role as a leading ecosystem for decentralized applications. Currently home to over 4,000 dApps, including platforms for DeFi, NFT trading, and the Metaverse, Binance Chain attracts a wide user base, building liquidity for these projects.

As of today, Binance Coin is trading at the price of Spot Trading Volume (24h) $60,065,288,306.66, 685,721 BTC. Total assets: $130,733,269,335.35.