Key Takeaways
- YZi Labs, formerly Binance Labs, has launched a $1 billion Builder Fund to support founders within the BNB ecosystem.
- The fund will prioritize projects in Web3, artificial intelligence (AI), and biotech, aiming to boost innovation on the BNB Chain.
YZi Labs, an investment firm formerly known as Binance Labs, today announced a $1 billion Builder Fund to support early-stage founders developing within the BNB ecosystem.
The fund focuses on projects combining Web3, AI, and biotech applications, reflecting YZi Labs’ vision for advancing innovation within the BNB ecosystem. YZi Labs has backed projects such as PancakeSwap, ListaDAO, Aster, and Aspecta, along with institutional initiatives like the BNB Digital Asset Treasury and RWA-related funds supporting BNB’s infrastructure.
The investment firm continues to partner with BNB Chain for builder programs, including offsites and residencies, to foster early-stage innovation. YZi Labs has collaborated with entities like CoinMarketCap to host community discussions and share insights on supporting BNB ecosystem founders at global events.
The BNB ecosystem emphasizes multi-chain integrations and frontier tech advancements for mass adoption, with strategic backing from YZi Labs through enhanced support programs.
Source: https://cryptobriefing.com/yzi-labs-commits-1b-fund-to-bnb-ecosystem-builders/