YZi Labs has launched a $1 billion Builder Fund to accelerate development on BNB Chain, targeting high-growth areas like AI, DeFi, RWA, and decentralized science. The fund aims to foster open systems that connect technology back to human progress. The initiative reflects BNB Chain's momentum, with a 300% rally in the past three months and a total value locked and active user base trailing only Ethereum. YZi Labs echoes the success of Binance Labs' early-stage investments, which backed now-household names like Polygon and The Sandbox.
YZi Labs, the investment arm of the world's largest cryptocurrency exchange Binance, has announced a significant move with the launch of a $1 billion Builder Fund. This fund is dedicated to supporting projects within the BNB Chain ecosystem, focusing on high-growth areas such as decentralized finance (DeFi), artificial intelligence (AI), real-world assets (RWA), and decentralized science (DeSci)
Binance's Investment Arm YZi Labs Announces New $1 Billion Move Focused on BNB![1].
The fund aims to foster open systems that connect technology back to human progress by providing capital, tools, integrations, and access to YZi Labs' extensive user ecosystem of over 460 million users
Changpeng Zhao’s YZi Labs announces $1 billion fund for BNB Chain developers[2]. Selected projects can receive up to $500,000 in investment, along with direct access to the YZi Labs and BNB Chain core teams, and a global mentor network.
This announcement coincides with a period of remarkable growth for BNB, which has surged to new record highs and climbed to the No. 3 cryptocurrency by market value. The BNB Chain has also seen a significant increase in total value locked and active user base, trailing only Ethereum
Changpeng Zhao’s YZi Labs announces $1 billion fund for BNB Chain developers[2].
YZi Labs, which manages $10 billion in assets, has a history of successful early-stage investments, having backed prominent projects like Polygon and The Sandbox. The new fund reflects the growing momentum of the BNB ecosystem and underscores Binance's commitment to supporting innovative projects within it.
The initiative also aligns with Binance's broader strategy to expand its support for Ethena Labs and other key projects in the BNB Chain ecosystem. This move signals Binance's continued commitment to fostering innovation and growth within its platform.
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