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YZi Labs (Prev. Binance Labs) logo

YZi Labs (Prev. Binance Labs)

Incubation
TOP 10 TOP Projects

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.

Founded:
2017
CoinLaunch Score: Last update:
Very High 03 Mar

YZi Labs (Prev. Binance Labs) Overview

Type: Incubation
Total Investment: 66
Last Investment: 25 Aug
Project Support: 58
Lead Investor: N/A
Retail ROI: 1.13x 13.13%
Retail ATH ROI: 18.90x 1,789.57%
Project Support: Very High
Social Influence: Medium
Region of Origin: Malta
Influence Geography: North America, Western Europe, Asia, Central Europe
Type of project assistance: Financing; Marketing; Networking; Listing; Tokenomics; Market Making; Legal; Recruiting
Website

YZi Labs (Prev. Binance Labs) - About

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

  • DeFi: 22%
  • Blockchain Service: 21.4%
  • Blockchain Infrastructure: 20.3%
  • GameFi: 19.2%
  • Social: 5.6%
  • NFT: 4.4%
  • CeFi: 3.3%
  • Other: 1.1%
  • Stablecoin: 0.6%
  • Currency: 1.6%
  • Meme: 0.6%

YZi Labs (Prev. Binance Labs) - Industries

YZi Labs (Prev. Binance Labs) - Portfolio Performance

Market cap
$16.03B 1.34%
Trading Volume
$1.29B 39.18%
Top Gainers 24h
Moonwalk Fitness - Logo. MF 26.98%
Genius Terminal - Logo. GENIUS 7.52%
Digital Asset - Logo. CC 3.72%
Top Losers 24h
zircuit logo ZRC 3.04%
Celestia Logo TIA 8.36%
Privasea AI - Logo. PRAI 7.32%

YZi Labs (Prev. Binance Labs) – Investment Rounds

Project Score Round Date Round price FDV Status Industry
Celestia LogoCelestia
82
Seed03 Mar, 21$0.0094$1BPast
LayerZero LogoLayerZero
95
Private16 Nov, 21N/A$4BPast
Bitquery logoBitquery
N/A
Seed27 Sep, 22N/AN/APast
polyhedra network logoPolyhedra Network
78
Strategic21 Feb, 23N/AN/APast
Ethena logoEthena
91
Private16 Feb, 24N/A$10.5BPast

YZi Labs (Prev. Binance Labs) – Portfolio

Score Project Current Price Chg (24h) Retail ROI Retail ATH ROI Industry
82
Celestia LogoCelestia$0.4698.36%0.469x20.85x
95
LayerZero LogoLayerZero$1.933.03%N/AN/A
N/A
Bitquery logoBitqueryN/AN/AN/AN/A
78
polyhedra network logoPolyhedra Network$0.005823.27%0.00582x4.01x
91
Ethena logoEthena$0.2154.13%N/AN/A

YZi Labs (Prev. Binance Labs) – Co-investors

Fund Score Type Project Support Social Influence Retail ROI Co-investments Total Investment
Polychain Capital logoPolychain CapitalVery HighVentureVery HighHigh31.80x1158
OKX Ventures logoOKX VenturesN/AVentureN/AN/A3.42x944
dao5 logodao5MediumDAOMediumLow0.489x929
Amber Group LogoAmber GroupMediumCorporateHighLow2.01x745
Animoca Ventures LogoAnimoca Brands (Ventures)Very HighCorporateMediumVery High0.361x749

YZi Labs (Prev. Binance Labs) Team

Yi He
Yi He
Co-Founder
Andrew CY Chan
Andrew CY Chan
M&A Integration and Portfolio Management
Dana Hou
Dana Hou
Product development & Strategy investment
Kenneth Chan
Kenneth Chan
Associate (Legal)
Kevin Poh
Kevin Poh
M&A, Ventures and Investments
Michael Siu
Michael Siu
Investment Director
Kieu Lam
Kieu Lam
Senior Finance Manager
Alex Odagiu
Alex Odagiu
Investment Director
David Shuttleworth
David Shuttleworth
VC/Token Engineering
Douglas Knighton
Douglas Knighton
Board Member / Program Manager
Rhee David Yong
Rhee David Yong
Board Member & Software Quality Assurance Engineer
Audrey W.
Audrey W.
Board member & Project Management
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