Binance Labs Refutes SkyArk Chronicles’ Funding Allegations

By Gapster Innes Jan 29, 202438Views

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Binance Labs Denies Involvement in SkyArk Chronicles’ Funding Round

SkyArk Chronicles, a gaming platform, recently claimed to have secured a $15 million funding round led by Binance Labs. However, Binance Labs quickly refuted the statement, stating that they did not participate in the recent financing. This conflicting information has raised questions and piqued the interest of the crypto community.

In a post, Binance Labs clarified that they had previously incubated and invested in SkyArk Chronicles during 2021 through their Incubation Season 3 program. They made it clear that they were not involved in the project’s latest funding round this year.

“Please note that Binance Labs did not participate in the project’s latest financing round this year. Thank you all for your attention.”

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