Foresight Ventures Pledges $25M to BNB Chain Projects by 2025

Foresight Ventures, a prominent global crypto-focused venture capital firm, has pledged up to $25 million to support live projects on the BNB Chain throughout 2025. This commitment is part of the BNB Incubation Alliance (BIA), a collaboration that underscores Foresight Ventures' dedication to fostering innovation and empowering early-stage blockchain initiatives.

As an alliance member of BIA, Foresight Ventures will have the opportunity to invest in standout projects, identifying high-potential ventures early in their development. The BNB Incubation Alliance, launched by BNB Chain and YZi Labs (formerly Binance Labs), serves as a dynamic accelerator for early-stage Web3 projects. Through an interconnected ecosystem of resources, mentorship, and strategic partnerships, BIA is poised to redefine how emerging blockchain ventures achieve sustainable growth and impactful deployment.

BIA features a comprehensive support framework that includes access to the Most Valuable Builder (MVB) program, potential YZi Labs funding opportunities, and BNB Chain grants. Selected projects will also benefit from the innovative Launch-as-a-Service (LaaS) package, streamlining their development journey within the BNB ecosystem. By creating this pipeline of tools and resources, BIA is positioned to catalyze the next wave of industry-leading Web3 projects.

Forest Bai, Co-Founder of Foresight Ventures, commented on the commitment: "Our support for projects in the BNB Incubation Alliance reflects our enduring mission to support visionary entrepreneurs and emerging blockchain projects. By backing projects within BIA, we aim to bridge promising ideas with the essential resources and networks they need to thrive. This collaboration reinforces our belief in the transformative power of blockchain technology and our responsibility to foster its adoption globally."

The BNB Chain Core Development Team expressed their enthusiasm for the alliance: "The BNB Chain ecosystem continuously works to catalyze projects' success through initiatives like BIA, from ideation to maturity and ecosystem incentives, empowering builders to succeed and thrive."

The BNB Incubation Alliance will conduct a series of global events designed to showcase early-stage projects and connect them with industry leaders, investors, and experts. These events will spotlight ventures in incubation, offering unparalleled opportunities for collaboration and knowledge exchange. The criteria for project selection prioritize innovation, scalability, and a strong alignment with the ecosystem