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

According to industry media reports, LAB secured $5 million in funding on October 9, 2025. Investors in this round include Lemniscap, major exchanges, GSR, Animoca Brands, Amber Group, Cypher Capital Group, Selini Capital, and other prominent institutions. Following this round, LAB’s total cumulative funding has reached $5 million.LAB is a multi-chain trading terminal designed to meet user trading needs through proprietary trading algorithms, multi-chain support, and customizable features. As blockchain technology evolves and the DeFi ecosystem matures, multi-chain trading tools are becoming essential infrastructure in the crypto market. With its innovative trading solutions, LAB provides users with a more convenient and efficient cross-chain trading experience, positioning itself as a competitive player in the trading tools sector.Notably, LAB has demonstrated rapid growth following its fundraising. On October 14, 2025, the LAB token was officially listed for trading and became available for spot and derivatives trading on several leading exchanges. On October 16, the project team repurchased over 20.9 million LAB tokens within 30 hours, valued at approximately $2.35 million, signaling strong confidence in the project's long-term prospects. Additionally, LAB plans to launch a mobile application and integrate perpetual contract functionality into its trading terminal, further expanding product features and user scenarios. These initiatives indicate that LAB is actively building a comprehensive trading ecosystem to deliver a full spectrum of trading services for its users.