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

According to media reports, multi-chain trading terminal LAB completed a $5 million financing round on October 9, 2025. Notable investors in this round include 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 dedicated to providing users with unique trading algorithms, multi-chain support, and highly customizable features. By integrating resources from multiple major exchanges, the project enables users to conveniently execute cross-chain transactions on a unified platform.Following the completion of financing, LAB swiftly advanced several key initiatives. On October 13, 2025, Gate announced the listing of LAB spot trading. Subsequently, on October 14, 2025, LAB officially commenced trading and completed its Token Generation Event (TGE) on major exchanges. Within just 30 hours of trading, LAB conducted a buyback of over 20.9 million tokens, spending approximately $2.35 million, demonstrating the project's strong commitment to ecosystem development.Looking ahead, LAB plans to launch its mobile application on October 18, 2025, and will integrate PERPS derivatives trading into the terminal to further enhance the user trading experience. Additionally, OKX will list LAB's USDT perpetual contract on November 1, 2025, offering users more trading options. These initiatives indicate that LAB is rapidly evolving into a fully-featured comprehensive trading platform.