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BCH $203.57 -0.03%
LINK $9.52 +6.63%
HYPE $56.98 +1.22%
AAVE $86.51 +1.22%
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XLM $0.1585 +0.82%
ZEC $489.43 -0.21%
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Binance Labs: Soon to be renamed, has invested in 46 projects this year

2024-12-31 15:52:04

According to ChainCatcher news, Binance Labs officially stated on social media that it is "about to rebrand" while still focusing on fundamentals, aiming to create a long-term impact. Entering 2025 and beyond, the organization will continue to support founders who share a common long-term vision for building.

Additionally, it mentioned that this year it has invested in 46 projects, of which 14 are from the BNB Chain-centered MVB program or laboratory incubation programs unrelated to the chain, and 32 are from direct investments. The allocation ratio between infrastructure and application transactions is 50:50. Among these 46 transactions, 10 belong to DeFi, 7 belong to AI, 7 belong to the BTC ecosystem, 4 belong to Restake, 3 belong to gaming, 2 belong to ZK, 2 belong to RWA, and 2 belong to consumer applications. The remaining investments cover infrastructure (ranging from security to wallets and chain abstraction) as well as emerging fields like Move. Approximately 20% of the investments come from BNB ecosystem projects (its MVB program).

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