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

According to media reports, multi-chain trading terminal LAB completed a $5 million funding round 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 an innovative multi-chain trading terminal focused on delivering a high-quality trading experience through proprietary trading algorithms, multi-chain support, and customizable features. The project aims to integrate various aspects of crypto asset trading to provide traders with a one-stop trading solution.Following the funding round, LAB has been active. On October 13, 2025, Gate announced the listing of LAB spot trading. The following day (October 14), LAB was officially listed on major exchanges, and within 30 hours of its debut, more than 20.9 million LAB tokens were repurchased, amounting to approximately $2.35 million, demonstrating the project's commitment to its ecosystem. On October 18, LAB announced plans to launch a mobile application and to integrate derivatives functionality into its trading terminal. In addition, OKX confirmed it will list LAB’s USDT perpetual contract on November 1, 2025, further expanding LAB’s market reach.With the ongoing enhancement of the LAB ecosystem and continuous feature expansion, the project is expected to deliver a more intelligent and efficient trading experience to the multi-chain trading market.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

120
0
0
Share

Comment

Fundraising History
RoundAmountValuationTimeInvestor(s)
--$5 M--2025-10-08Lemniscap,OKX Ventures,GSR,Animoca Brands,Amber Group,Cypher Capital Group,Kucoin Ventures,Gate Ventures,MEXC Ventures,Selini Capital
Key Milestones
  • 2025-11-01
    OKX to List LAB USDT Perpetual Contracts
  • 2025-10-18
    LAB plans to launch a mobile app
  • 2025-10-18
    LAB plans to integrate PERPS into its terminal
  • 2025-10-16
    LAB Buys Back Over 20.9 Million LAB Tokens in 30 Hours for About $2.35 Million
  • 2025-10-14
    Binance: This LAB (LAB) TGE event will resume today at 17:30 (UTC+8)
  • 2025-10-14
    LAB is live for trading
  • 2025-10-13
    Gate to List LAB (LAB) for Spot Trading
  • 2025-10-09
    LAB raised $ 5 M in funding round