Binance Labs Overview: Portfolio, Team and News

Binance Labs

labs.binance

Blog

Overview

On-chain Holdings

𝕏 Statistics

Details

Binance Labs is the venture capital and incubation arm of Binance. It identifies, invests, and empowers viable blockchain entrepreneurs, startups, and communities, providing financing to industry projects that help grow the wider blockchain ecosystem.

Category:

Crypto Projects Venture

Founded: 2017

Location: Singapore, United Arab Emirates

Team

Yi He

Head

Nicola W.

Investment Director

Alex Odagiu

Investment Director

Kenneth Chan

Portfolio Management

Andrew CY Chan

M&A & Portfolio Management

Dana Hou

Business Strategy & Ops

Investment Map

Investment Size

Investments

Tag

Ecosystem

Token Issuance

Region

Operating Status

AltLayer

Execution and elastic scaling layer as blockchain

Manta Network

Multi-modular ecosystem for ZK applications

LayerZero

Omnichain Interoperability Protocol

Celestia

Modular consensus and data availability network

Aptos

Scalable layer 1 blockchain

Injective

Layer1 Blockchain Optimized for DeFi Applications

CertiK

Blockchain security company

STEPN

Web3 lifestyle app

Axelar

Decentralized cross-chain communication network

Polygon

Decentralised Ethereum scaling platform

Astar

Multi-chain smart contract platform

Chiliz

Blockchain Fintech Provider for Sports and Entertainment

MultiversX

Highly scalable blockchain platform

UXUY

One-Stop Decentralized Exchange

Puffer Finance

Anti-Slashing Liquid Staking

Biconomy

Multi-chain transaction infrastructure

DappOS

Intent execution network

PolyHedra

Infrastructure for Web3 Interoperability

Babylon

Bitcoin Staking Protocol

Renzo Protocol

Restaking Protocol based on EigenLayer

Ethena

ETH based delta-neutral stablecoin

NFPrompt

Web3 Prompt Artist Platform

WOO Network

Deep liquidity network

Magic Square

Web3 multi-chain crypto app store

CyberConnect

Decentralized social graph protocol

Pendle

Yield trading protocol

Curve

Decentralized Exchange

Solv Protocol

Web3 liquidity infrastructure

Radiant Capital

Omnichain money market

Mind Network

FHE Restaking Layer

Mythical Games

game technology studio

Maverick Protocol

Decentralized trading protocol

SPACE ID

Universal name service network with a one-stop identity platform

Mask Network

Web3 Portal

Symbiosis Finance

Cross-chain engine and interchain communication protocol

Sui

Layer 1 blockchain

Ankr

Web 3.0 Infrastructure Providers

PancakeSwap

Decentralized Exchange

pSTAKE Finance

Liquid staking protocol

Wombat Exchange

Multi-chain stableswap

Push Protocol

Web3 communication platform

Axie Infinity

NFT-based online video game

NYM

Building the next generation of privacy infrastructure

Heroes of Mavia

MMO strategic game

Dune

Data platform for the open web

Web3Auth

Pluggable auth infrastructure

Figment

Blockchain infrastructure and services provider

1inch

Decentralized Exchange Aggregator

Merit Circle

Develops opportunities to earn through play

Audius

Decentralized music streaming protocol

Covalent

Decentralized data infrastructure

Litentry

Decentralized identity aggregator

Kava

Layer-one blockchain

Celer Network

Blockchain Interoperability Protocol

BitTorrent

Popular P2P file sharing protocol

Trust Wallet

Cryptocurrency wallet

Acquired

Gamic

Community messaging app for Web3

Paragraph

Web3 Creator Platform

Movement

A Network of Modular Move-Based Blockchains

MilkyWay

Liquid staking solution for Celestia

BounceBit

BTC native restaking chain

Privasea

Share and monetize data yet stay compliant

Gomble Games

Strategic Casual Game Studio

StakeStone

Liquidity staking derivatives

GoPlus Security

Web3 Modular User security layer

Derivio

Decentralized structured derivatives ecosystem

Initia

Omnichain rollups

Ultiverse

social gaming metaverse

Analog

Decentralized layer-0 platform

Copycat Finance

Decentralized copy trading and copy farming platform

SkyArk Chronicles

Triple A fantasy JRPG Game

Memeland

MEME Creativity Studio

Sleepless AI

AI-based virtual companion game

MOBOX

Gaming metaverse

StarryNift

Co-creation metaverse platform enhanced by AI

Open Campus

Decentralized education protocol

Arkham

Blockchain intelligence Platform

Lista DAO

Open-source liquidity protocol for borrowing and earning yield

Coin98 Finance

All In One DeFi Platform

zkPass

Privacy-preserving identity protocol

Xterio

Cross-platform play-and-earn developer and publisher

Web3Go

Data Intelligence Network

Neutron

Permission-less smart contract platform for Interchain DeFi

Lifeform

Decentralized visual digital identity (DID) solution provider

ARPA

Decentralized secure computation network

Tokocrypto

Indonesia crypto exchange

Acquired

Tea

Open-source software platform

Hooked Protocol

Immersive edutainment network

NGRAVE

Crypto hardware wallet

Velvet Capital

DeFi Asset Management protocol

DoraHacks

Web3 developer incentive platform

OpenLeverage

Decentralized lending and margin trading protocol

APX Finance

CEX-DEX hybrid cryptocurrency exchange

Zecrey

Ethereum Layer 2 Privacy Protocol

Fusionist

Multi-Game Universe

OpenOcean

DeFi and CeFi full aggregator

Terra

Decentralized financial infrastructure

Automata Network

Modular attestation layer

GAMEE

Play-to-earn gaming platform

Nine Chronicles

A decentralized fantasy world

Elfin Metaverse

Gamefi and asset distribution platform

BinaryX

GameFi development platform

The Sandbox

Decentralised, community-driven gaming ecosystem

Numbers Protocol

Decentralized Photo Network for Web 3.0

Republic

Private investing platform

Highstreet

Play-to-earn MMORPG game

MobileCoin

A private cryptocurrency

Tranchess

Yield-enhancing asset tracker protocol

Moonbeam

Etheruem-compatible smart contract platform

Alien Worlds

Blockchain-based metaverse

Reef

Layer 1, EVM Compatible, Substrate Based Blockchain

Xend Finance

Real world asset aggregation platform

SafePal

Crypto management wallet

My Neighbor Alice

Multiplayer blockchain builder game

MathWallet

The Multichain Wallet for Web3

DODO

Decentralized Trading Platform

Stella

One-stop site for builders to start Web3 projects

Bella Protocol

A suite of DeFi products.

Dusk

Privacy blockchain for financial applications

Perpetual Protocol

Decentralized perpetual contract protocol

HOPR

Layer-0 metadata privacy-protection protocol

Band Protocol

Cross-chain data oracle platform

FIO

A Layer1 protocol

Harmony

An open source public chain for building decentralized applications (DAPPs)

Tellor

Decentralized oracle protocol

COMBO

Scaling solutions for Web3 game development

Oasis Network

Decentralized Layer1 network based on PoS consensus

PumpX

Multichain consumer liquidity protocol

Travala.com

Blockchain-based travel booking platform

Shogun

Smart liquidity router

Zest Protocol

Bitcoin lending protocol

Cellula

Autonomous life simulation strategy game

KiloEx

perp DEX

Delphinus Lab

ZKWasm solutions

BracketX

Decentralized derivatives protocol

Sleek

Web3 social platform

Virtual Labs

Zero Knowledge Infrastructure

Kinza

Lending protocol with ve(3,3) tokenomics

Tabi

Gaming blockchain built on Cosmos

Marlin

High-performance programmable network infrastructure

Gameta

NFT gaming ecosystem

Ultimate Champions

Fantasy football game

Swan Chain

Layer 2 cloud computing network

Ambit

DeFi Superapp

FrankieOne

API platform for identity verification and fraud detection

Ancilia

Web3-centered cybersecurity company

Sender Wallet

Non-custodial wallet built on NEAR

Lorenzo Protocol

Modular Bitcoin L2 Infrastructure

Meta Apes

MMO strategy game

AlterVerse

Immersive metaverse game

Playbux

Shop to Earn Metaverse

Bitquery

API-first product company

Salus Security

Blockchain security company

Tatsumeeko

Immersive modern fantasy MMORPG game

Community Gaming

All-in-one esports competition platform

AlwaysGeeky Games

Games studio

League of Kingdoms

Blockchain MMO strategy games

GAT Network

Web of connected NFT trading & gaming projects

SPACE

The Future of Commerce Metaverse

StarSharks

Shark-themed NFT GameFi ecosystem

Raydius

Middleware solution for Layer 2 ecosystem

SecondLive

Hub for Metaverse inhabitants

Biswap

Decentralized Trading Platform

Melos Studio

Web 3.0 music NFT platform

NFKings

NFT creative and production company

Cartesi

Blockchain OS

Troy

Smart hybrid asset management platform

Contentos

Decentralized content ecosystem

Wing Finance

Decentralized finance platform

Mint Club

Smart token-building platform

Alta

Investment and trading platform for alternative assets

Voxie Tactics

3D Tactical RPG game

QnA3.AI

AI-powered Web3 Knowledge Sharing Platform

CoralApp

Web3 fitness app

Kryptoskatt

Crypto tax platform

Reveel

Web3 Creator Platform

TreeHouse Finance

Digital assets data firm

BBS Network

Decentralized message board forum

Bird.Money

Decentralized oracle

Cere Network

Cloud data infrastructure solutions

MarsBit News

News and data platform

WINkLink

A decentralized oracle project running on the TRON network

Bitsika

Social payment app

PhishFort

Anti-phishing solutions for the crypto companies and users

Ambrosia

DeFi savings account

FTX

Cryptocurrency exchange

Multichain

Cross-chain router protocol

BxB

KRWb service provider

Acquired

Cosmic Guild

P2E gaming community

DefiDollar

Multichain DeFi protocol

PancakeBunny

DeFi yield farming aggregator & optimizer

Koi Trading

OTC trading desk

Alpha Homora

Multi-chain lending and leveraged yield farming protocol

Total 193 Page

Name	Round	Amount	Valuation	Date
Zest Protocol	Seed	$ 3.5 M	--	May 13
UXUY	Pre-A	$ 8 M	--	May 09
Movement	--	--	--	May 01
MilkyWay	Seed	$ 5 M	--	Apr 30
BounceBitBB	Strategic	--	--	Apr 11
StakeStone	--	--	--	Mar 25
Cellula	--	--	--	Mar 08
Derivio	--	--	--	Mar 08
QnA3.AIGPT	--	--	$ 250 M	Mar 08
Privasea	Seed	$ 5 M	--	Mar 04
Babylon	--	--	--	Feb 27
Renzo ProtocolREZ	--	--	--	Feb 22
EthenaENA	Seed Plus	$ 14 M	$ 300 M	Feb 16
NFPromptNFP	--	--	--	Feb 15
Shogun	--	--	--	Feb 15
Analog	--	$ 16 M	$ 120 M	Feb 12
Puffer Finance	Strategic	--	--	Jan 30
MemelandMEME	Strategic	--	--	Jan 04
BracketX	Seed	$ 2 M	--	Jan 04
Open CampusEDU	--	$ 3.15 M	--	Nov 27, 2023