Cryptocurrency News
Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption
2022.06.01 20:41
Binance Labs’ $500M fund to catalyze crypto, Web3, blockchain adoption
Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners (NYSE:GLP) and Breyer Capital to drive innovation across the crypto, Web3 and blockchain landscape.
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth.