Gate Labs, MXC Labs, Winkrypto, RedLine Capital and HeartBit has made a strategic investment in BlackHole Protocol

Blackhole Protocol
3 min readApr 17, 2021

We are excited to announce that Gate Labs, MXC Labs, Winkrypto, RedLine Capital and HeartBit has made a strategic investment in BlackHole Protocol.

BlackHole Protocol will work closely with all strategic investment institutions to explore the potential of new innovative perpetual options.

About Gate Labs

Gate.io exchange platform was established in April 2013, registered in Cayman. The platform has many years of stable operation experience and has accumulated many industry-leading technologies. It safeguards users’ assets through both centralized and decentralized means, and provides users with an efficient and convenient real-time trading service system. As one of the world’s longest-established and largest trading platforms, Gate.io strictly follows industry rules and does not participate in market operations.

About MXC Labs

Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles. It supports CNY, VND, USD, GBP, EUR, AUD deposit, and CNY, VND withdrawal. MXC is a decentralized and self-organized platform for blockchain asset exchange and communication, founded by a team of senior quantitative traders from Wall Street and Japan and Europe, and senior blockchain practitioners. MXC will provide users with more secure, convenient and intelligent blockchain asset circulation services.

About Winkrypto

Winkrypto has helped companies clarify their purpose and created impressive brands. We transform complex concepts into clear and absorbing narratives: articles, in-depth report, live streaming, design and social campaigns. A marvelous tale is more likely to be acclaimed by communities, rather than traditional media.

About RedLine Capital

RedLine Capital is a well-known investment institution focusing on investing in the blockchain technology sector, currently investing in FTT, LBK, Bitwell, For, AAX, CCFOX, AGS, DODO, ludos and other projects. RedLine Capital is the top multi-strategy capital management team in China in the field of capital management, providing exchange market maker services for dozens of exchanges with an average monthly turnover of 200 billion.

About HeartBit

Heartbit is a one-stop acceleration service platform integrating blockchain industry resources integration, industry investment, project incubation, technology development services, trading services, and mining ecology. Heartbit, adhering to the concept of professional, efficient and win-win services, builds HeartBit’s diversified ecological development and creates customized “one-stop” services for blockchain projects.

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Blackhole Protocol

An approval-free decentralized & cross-chain burning protocol, innovator of perpetual deflationary blockchain ecosystem.