
Binance Labs Rebrands to YZi Labs: Changpeng ‘CZ’ Zhao Returns as Mentor
Venture capital firm Binance Labs has rebranded to YZi Labs in a bid to drive independence and investment diversity.
Venture capital firm Binance Labs has rebranded to YZi Labs in a bid to drive independence and investment diversity.
Gate Ventures have invested $20 million to support the crop of talents building in the BNB Chain Alliance.
Binance Labs has announced its plans to rebrand next year amid highlighting a successful year in which it backed 46 projects.
Usual’s latest funding round, backed by top investors, aims to enhance its decentralized stablecoin platform and expand its ecosystem.
Perena, led by former Solana Foundation stablecoin lead Anna Yuan, has raised $3 million in a pre-seed round to build foundational infrastructure for mainstream stablecoin adoption, with backing from major institutional investors including Binance Labs.
Although the full version of the exchange is expected to have launched by the end of 2024, Blum already offers some of its core features through Telegram.
Binance plans to quicken incubation for startups focused on shaping crypto’s future, while ensuring adequate education in the industry.
As blockchain networks and Layer 1 and Layer 2 chains multiply, user bases and liquidity become fragmented, leading to subpar experiences for users and developers. Particle Network addresses this issue with its unified Layer 1 blockchain.
The Binance Labs Incubation Program targets early-stage Web3 projects across various sectors, providing one-on-one mentoring and resources to refine their ideas and enhance their product offerings.
The dappOS has enabled the seamless democratization of the Manta network through an intent-centric user experience design.
Investing in advanced restaking protocols aligns with Binance Labs’ strategic focus on this domain.
Binance Labs is now an independent spinoff of Binance Holdings and has no ties to the parent company other than the trademark name.
Babylon’s Bitcoin Staking Protocol enables PoS chains to access staking capital from Bitcoin, eliminating the requirement for their native tokens. With Babylon, Bitcoin holders can earn yields directly, without third-party custody, bridges, or wrapping services.
Of 12 projects announced to participate in sixth season of Binance Labs’ incubation program, three have been selected as the first batch.
Binance Labs have invested in 250 projects across 25 countries and have seen a 14x return on their investments so far.