Binance Labs is an investment venture arm and incubator of Binance, a leading crypto exchange, based in Malta. The fund invests in early-stage startups with valid revolutionary products. Binance Labs aims to expand the Binance ecosystem with a priority focus on blockchain infrastructure, NFT and DeFi projects..
Since 2017, more than two hundred projects across 25 countries on 5 continents have obtained investments from Binance Labs. The company also led more than 50 crypto-native Web3 startups through its incubation program, including such projects as Polygon, Dune Analytics, and Perpetual Protocol.
Being a VC investment firm and accelerator of Binance, Binance Labs is on the way of seeking the next great industry innovation and Web3 breakout star to make a bright forward-looking investment, launch a new market trend, and thereby, expand the influence of the Binance ecosystem.
Binance Labs uncovers and empowers operating blockchain ventures, startups, and communities, providing them with investments, multi-layered support, and growth expertise to accelerate the worldwide spread and influence of the blockchain technologies. Binance Labs is oriented on fast-executing, savvy, and groundbreaking teams with the projection of significant future impact on the crypto space and backs them with a wide range of experts and mentorship, enhancing the legal basement, talent acquisition, marketing, and PR approach.
By August 2022, Binance Labs already had $7.5 billion in assets under management, with more than 200 crypto projects in its portfolio.
The most prominent investments were the following: Polygon, Kava, NEAR Protocol, Aptos, Maverick Protocol, MultiversX, Ankr, Neutron, Gala, Chiliz, Web3Go, and many more bright projects.
Here is the current balance of interests in the portfolio.
Total number of investments: 215