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

According to relevant media reports, 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 dedicated to providing users with unique trading algorithms, multi-chain support, and customizable features, enabling traders to execute efficient transactions across various blockchain networks. The product is transforming the trading experience through innovative trading tools and a user-friendly interface.Following the funding, the LAB team continues to advance product iteration and ecosystem development. On October 14, 2025, LAB successfully launched trading and was subsequently listed on major exchanges. Gate introduced LAB spot trading on October 13, while Binance initiated the TGE event on October 14. To further enhance user experience, LAB plans to launch its mobile application and integrate PERPS functionality into the trading terminal on October 18. Additionally, within 30 hours of launch, LAB repurchased over 20.9 million LAB tokens, amounting to approximately $2.35 million, underscoring the project’s commitment to its ecosystem. OKX also plans to list LAB USDT perpetual contracts on November 1, 2025, further expanding LAB’s influence in the derivatives market.LAB’s progress reflects robust demand for multi-chain trading tools and strong investor confidence in innovative trading platforms. With the rollout of additional features and exchange support, LAB is positioned to become a key trading tool for market participants.