As per the announcement, they are looking to completely revamp their venture capital arm that operates under the name Binance Labs, Changpeng Zhao will fully lead this initiative.
Binance Labs intends to implement this rebranding by the end of 2025 across all business portfolios.
Binance Labs would earlier this year begin to rebrand as it began operating as a singular entity outside of the Binance exchange. This move was also able to disassociate them from transactions.
CZ Returning to WorkThe leadership responsibilities do not include a change in leadership roles, which restricts him from actively participating in the company’s management and only allows him to invest. While he was leading Binance, the former owner had named it Bingo Entertainment, as they stated that CZ would look at more projects in the future.
For his part, the sanctions he received for violating US customer protection rules prohibited him from actively working; however, he recovered, devoting more time to focused investments.
While announcing plans to dilute project interference, more focus would be placed on over-the-counter trading and monetizing secondary markets.
In Reflection...Binance Labs noted after the Year that it was exceptional to have counted 46 projects during the year. Of these, 122 came from direct investments, 14 from the BNB Chain-focused MVB, and 14 from the chain-agnostic Labs Incubation program.
Most of these investments were made in transactions focused on both applications and infrastructure, as they were and are present in many sectors.
The company boasted a broad portfolio that included investments in fields as varied as artificial intelligence (AI), consumer applications (X2), gaming (X3), ZK technologies (X2), RWAs (X2), and DeFi initiatives (X10). Also attracting more attention were two nascent sectors: decentralized science (DeSci) or the ‘Move’ system.
The firm has invested in primary platforms such as Solana, Ethereum, Berachain, Monad, and Ethereum Layer 2 solutions. According to Binance Labs, 20 percent of these funds went to projects in the BNB ecosystem.The Future Awaits...Looking ahead to 2025, Binance Labs expects a vibrant future for the sub-sector.
The new Trump administration’s biased view towards crypto is expected to create a more favorable regulatory atmosphere that attracts institutional investors, and this could open doors for the sub-sector to grow.
Binance Labs has stated that by 2025, they will focus on blockchain/crypto, AI, biotechnology, and innovation across all three domains. Additionally, other previously underserved industries such as gaming and privacy concerns may realize their full production potential.