Binance Labs recently announced plans to rename its venture capitalist wing by 2025, signaling a shift towards a more independent identity from the parent company, Binance. Despite regulatory challenges faced by ex-founder Changpeng Zhao, also known as CZ, he is refocusing on investments and project interactions within Binance Labs. The organization aims to provide long-term support to founders aligning with their vision. CZ's return to investment leadership comes with an expansion of the portfolio to include secondary markets and emerging opportunities in the blockchain industry. Binance Labs had a successful year in 2024, investing in various sectors like blockchain, DeFi, AI, gaming, and zero-knowledge technologies. With a focus on innovation and industry prospects, Binance Labs is poised to lead in core blockchain activities and support emerging trends. The rebranding reflects a commitment to independent operation and innovation support across blockchain ecosystems, with CZ playing a crucial role in shaping the future of blockchain innovation. Read more AI-generated news on: https://app.chaingpt.org/news

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