What is Binance Labs? Learn in detail about the venture capital and project incubation branch (update 2025)
What is Binance Labs?
Binance Labs is the venture capital and incubation branch of Binance, the world's largest cryptocurrency exchange. Established in 2018, Binance Labs aims to support promising blockchain projects, helping to shape the future of the blockchain and Web3 industry. Acting as Binance's investment arm, Binance Labs contributes not only capital but also expertise, a supportive ecosystem, and a global network.
History of Formation and Development
• 2018: Binance Labs was established with the goal of investing in promising projects and supporting breakthrough ideas in the blockchain field.
• 2020: Launched incubation programs to support startup projects from the idea stage to success.
• 2022: Binance Labs became a leading investor in the industry with over 100 projects funded, including NFT, DeFi, and blockchain infrastructure.
• 2023-2024: Binance Labs continues to expand its investment portfolio, focusing on Web3 solutions, Layer-2, and artificial intelligence applications on blockchain.
Investment Methods
Binance Labs focuses on 4 main areas:
1. Venture Capital: Providing funding for projects from the seed stage to growth stage.
2. Project Incubation: Supporting startup teams through the Binance Labs Incubation program, providing mentors, resources, and networking opportunities.
3. Mergers & Acquisitions (M&A): Executing strategic acquisitions to integrate technology and teams from other companies into the Binance ecosystem.
4. Ecosystem Investment: Supporting projects to expand the Web3 network, focusing on liquidity, utility, and cross-ecosystem integration of blockchain ecosystems.
Operations Team
The Binance Labs team consists of experts in blockchain, finance, and venture capital, led by:
• Yi He: Co-founder of Binance, overseeing the operations of Binance Labs.
• Nicole Zhang: CEO of Binance Labs, specializing in supporting Web3 projects.
Top 50 Projects Invested by Binance Labs (2024)
(THERE ARE MANY MORE BUT I CAN'T UPDATE ALL, I HOPE EVERYONE UNDERSTANDS)
2. Sei Network
3. AltLayer
4. Radiant Capital
5. Space ID
6. SynFutures
7. OpenOcean
8. PancakeSwap
9. WOO Network
10. Polygon
11. PancakeSwap
12. dForce
13. CertiK
14. SafePal
15. Injective Protocol
16. Dune Analytics
17. Celer Network
18. Alpha Finance Lab
19. Bella Protocol
20. Reef Finance
21. Cere Network
22. Kava Labs
23. TROY Trade
24. Numbers Protocol
25. DeBank
26. Mobox
27. The Graph
28. Oasis Protocol
29. Covalent
30. Serum
31. DODO
32. Frontier
33. Perpetual Protocol
34. Ankr Network
35. Impossible Finance
36. Helium
37. NFTb
38. Automata Network
39. Gala Games
40. Litentry
41. My Neighbor Alice
42. Lit Protocol
43. QuarkChain
44. Travala
45. HOPR
46. Bounce Finance
47. BitTorrent Chain
48. WazirX
49. Harmony (ONE)
50. Band Protocol
Top 20 Notable Projects Listed on Binance
(THERE ARE MANY MORE BUT I CAN'T UPDATE ALL, I HOPE EVERYONE UNDERSTANDS)
1. Polygon (MATIC): A Layer-2 scaling solution for Ethereum, increasing transaction speed and reducing costs.
2. PancakeSwap (CAKE): A decentralized exchange (DEX) on Binance Smart Chain with yield farming and staking capabilities.
3. WOO Network (WOO): A high liquidity trading platform for professional traders.
4. Axie Infinity (AXS): A famous blockchain game allowing players to earn money through NFTs.
5. The Sandbox (SAND): A decentralized metaverse where users can buy, sell, and build virtual assets.
6. Injective Protocol (INJ): A DeFi platform supporting decentralized derivatives trading and futures contracts with extremely low transaction fees.
7. dForce (DF): A comprehensive decentralized finance (DeFi) ecosystem with applications such as lending, trading, and asset management.
8. CertiK (CTK): A blockchain security project specializing in audit services to protect smart contracts.
9. SafePal (SFP): A multifunctional cold wallet with the ability to securely store and manage digital assets.
10. Kava Labs (KAVA): An independent blockchain focused on DeFi, allowing lending and staking with high performance.
11. Bella Protocol (BEL): A platform providing DeFi solutions with a user-friendly interface, low costs, and yield farming capabilities.
12. Mobox (MBOX): A platform combining DeFi and NFT, providing an exciting gaming experience and income for users.
13. The Graph (GRT): A blockchain data indexing protocol, helping dApps quickly search and utilize data.
14. Oasis Protocol (ROSE): A blockchain focused on privacy, suitable for DeFi applications and personal data.
15. Ankr Network (ANKR): A decentralized cloud storage platform and staking protocol.
16. Perpetual Protocol (PERP): A decentralized derivatives trading platform on Ethereum and xDAI.
17. Litentry (LIT): A decentralized identity protocol for Web3 applications.
18. My Neighbor Alice (ALICE): A blockchain game combining farming and social elements with NFTs.
19. Travala (AVA): A hotel booking and travel service platform using blockchain, allowing payments in cryptocurrency.
20. Band Protocol (BAND): An Oracle platform providing decentralized data for integration into DeFi applications.
Conclusion
Binance Labs is not only an investor but also a key driver of the development of the blockchain industry. With a diverse investment portfolio and comprehensive investment methods, Binance Labs has contributed to shaping the future of Web3, bringing real value to developers, investors, and the global community.
Binance Labs has proven to play a significant role in developing and expanding the global blockchain ecosystem. The projects that Binance Labs invests in not only bring technical value but also promote the adoption of blockchain technology in real life.
Please consider carefully before investing in related projects, especially in the volatile cryptocurrency environment.
Source: BLOGTIENAO - @Blog Tiền Ảo
