YZi Labs, the rebranded version of Binance Labs, the investment arm of the world's largest cryptocurrency exchange Binance, announced its new investment move. Accordingly, YZi Labs announced a $1 billion Builder Fund to invest in founders in the BNB ecosystem, specifically BNB Chain. This move aims to grow the BNB ecosystem and accelerate Web3 innovation. The fund will support BNB-based innovation through capital, tools, integrations, and its 460 million-user ecosystem, focusing on areas such as DeFi, artificial intelligence, RWA, DeSci, payments, and wallets. With this fund specifically designed for entrepreneurs in the BNB ecosystem, YZi Labs aims to support projects working in areas such as DeFi, AI, RWA, DeSci, payments and wallets. This fund will provide startups with up to $500,000 in investment and direct access to the YZi Labs and BNB Chain core team. It will also provide startups with access to YZi Labs' global network of over 460 million users. This announcement coincides with a new era where BNB reached new record highs above $1,330 on October 7th and BNB Chain reached a sales figure of 26 million. Ella Zhang, President of YZi Labs, said the following about the $1 billion fund: The BNB Ecosystem represents the next phase of digital infrastructure, where decentralization, on-chain scalability, and true distribution meet security. A vibrant network with global reach and on-chain depth, it provides developers with the foundation to build products with real utility and longevity. Through this $1 billion BNB Creator Fund, YZi Labs is committed to supporting BNB creators across DeFi, AI, RWA, DeSci, and more, as these organizations build the next generation of open systems that connect technology back to human development. YZi Labs, which manages $10 billion in assets, has invested in over 300 projects from over 25 countries across six continents. Its portfolio includes prominent projects in the BNB ecosystem, such as PancakeSwap, ListaDAO, Aster, and Aspecta. *This is not investment advice. Continue Reading: Binance's Investment Arm YZi Labs Announces New $1 Billion Move Focused on BNB!
