According to industry sources, multi-chain trading terminal LAB secured $5 million in funding 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 platform dedicated to providing users with an efficient and convenient trading experience through proprietary trading algorithms, multi-chain support, and customizable features. Following this funding round, the project has made significant progress with several key milestones.Post-funding, LAB accelerated project development. On October 13, 2025, LAB was listed for spot trading on Gate; on October 14, 2025, LAB went live on leading exchanges and completed its TGE event on the same day. Subsequently, LAB repurchased over 20.9 million LAB tokens within 30 hours, amounting to approximately $2.35 million, underscoring the project's commitment to ecosystem development.In terms of product iteration, LAB plans to launch its mobile application on October 18, 2025, integrating PERPS functionality into its trading terminal to further enhance the multi-chain trading ecosystem. Additionally, on November 1, 2025, major exchanges will list LAB USDT perpetual contracts, offering users more diversified trading options.As the crypto asset trading market continues to evolve, the introduction of LAB's multi-chain trading terminal addresses a critical market gap by providing users with a one-stop cross-chain trading solution, supporting the overall upgrade of industry trading experiences.