KuCoin Labs Strategically Invests in DeMR

As the incubator and investment arm of the KuCoin ecosystem, KuCoin Labs has gladly announced its strategic investment in DeMR, a decentralized Mixed Reality (MR) infrastructure network (MR-DePIN) built on the Solana Chain, marking the inception of a comprehensive collaboration in community operations and subsequent product development.

This collaboration not only reflects the recognition of the DePIN track by KuCoin Labs, but also highlights its profound understanding of the future development of the crypto industry.

"Future growth in the DePIN track will incentivize more providers to join in a self-reinforcing, long-term growth cycle. KuCoin Labs will support DeMR in its efforts to continue to achieve its key milestones" said Lou Yu, Head of KuCoin Labs.

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