Binance Labs (soon to be renamed) stated that this year it invested in 46 projects, of which 14 are from the BNB chain-centered MVB program or laboratory incubation programs unrelated to the chain, and 32 are from direct investments. The allocation ratio between infrastructure and application trading is 50:50. Among these 46 transactions, 10 belong to DeFi, 7 belong to AI, 7 belong to the BTC ecosystem, 4 belong to Restake, 3 belong to gaming, 2 belong to ZK, 2 belong to RWA, and 2 belong to consumer applications. The remaining investments cover infrastructure (from security to wallets and chain abstraction) as well as emerging fields like Move. About 20% of the investments come from BNB ecosystem projects (its MVB program).
Binance Labs' focus areas for 2025 are cryptocurrency/blockchain, artificial intelligence, and biotechnology.