According to The Block, Binance Labs invested $10 million in Radiant Capital, a cross-chain DeFi lending institution. This round of financing will drive further product development, including expanded oracle support, expanded collateral options, and deployment on the Ethereum mainnet. Radiant is built on LayerZero and supports cross-chain lending. It currently provides a variety of collaterals on Arbitrum and BNB Chain. According to DefiLlama, Radiant is the number one lending agreement on Arbitrum and the third-ranking DeFi agreement. The TVL is $191.7 million, the second largest lending agreement and the eighth largest DeFi agreement on BNB Chain, with a TVL of $72.9 million.