ChainCatcher news, according to BlockWorks, the DeFi options trading platform Bracket Labs registered in Panama has completed a $2 million seed round financing, while also announcing the official launch of its volatility market product Passages on Arbitrum.It is reported that the product has been in development for over a year and has been live on the Arbitrum testnet since mid-October 2023. Passages offers users a volatility betting platform for a 2-day prediction market with a clean design.In addition, Bracket Labs was selected for the fifth season of the Binance Labs incubation program and received investment from Binance Labs.

ChainCatcher news, Binance Labs announced investments in five projects for its Season 5 incubation program, including the decentralized authentication solution zkPass, the fully encrypted network [Mind Network](https://www.rootdata.com/zh/Projects/detail/Mind Network?k=NTMyMQ==), the Web3 financial solution Kryptoskatt, on-chain structured products Bracket Labs, and the Web3 application usability solution DappOS.It is reported that this season's Binance Labs incubation program received over 900 project applications, with less than 2% of the projects being accepted. The selected projects by Binance Labs cover various areas of Web3, including DeFi, infrastructure, tools, and middleware. (Source link)