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BTC $58,494.65 -2.18%
ETH $1,571.53 -0.17%
BNB $544.66 -1.11%
XRP $1.03 -1.48%
SOL $73.19 -0.98%
TRX $0.3164 -1.96%
DOGE $0.0704 -2.96%
ADA $0.1445 -0.46%
BCH $198.94 +1.42%
LINK $7.17 -1.94%
HYPE $64.86 +0.28%
AAVE $85.14 -5.79%
SUI $0.6913 -0.19%
XLM $0.1800 +3.76%
ZEC $397.81 +1.74%

Binance Labs: Soon to be renamed, has invested in 46 projects this year

2024-12-31 15:52:04
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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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