Infrared, the liquidity staking protocol of Berachain, has secured investment from Binance Labs. This marks Binance Labs' first investment in the Berachain ecosystem, with the specific amount undisclosed. Infrared is developing liquidity staking tokens for Berachain's governance token, BGT, and gas token, BERA, known as iBGT and iBERA respectively.

According to The Block, Berachain's liquidity staking protocol, Infrared, has received an investment from Binance Labs, with the specific amount undisclosed. This is a private token fundraising round, marking Binance Labs' first investment in the Berachain ecosystem. Infrared is creating liquidity staking tokens—iBGT and iBERA—for Berachain's governance token BGT and gas token BERA.

Binance Labs invests in the Berachain liquidity staking protocol Infrared