The world’s largest cryptocurrency exchange Binance While continuing to invest in new projects, Binance Labs will invest in 2023. altcoin announced his projects.
At this point, Binance Labs compiled the invested projects in its blog post.
Binance Labs, He stated that he has invested in more than 25 altcoin projects in the Web3 space throughout 2023.
“Binance Labs is the venture capital and incubation arm of Binance.
Its aim is to identify and support founders with innovative ideas who build projects that will shape the future of the Web3 industry.
At this point, Binance Labs’ investments in Web3 included important projects such as Optimism, LayerZero, Celestia, Aptos, Mysten Labs, Trust Wallet, Neutron, Helio, Radiant, Pendle, Arkham.”
Binance Labs also stated that it has invested in 250 projects in 25 countries since 2018 and has achieved a 14-fold return from these investments.
Finally, Binanca Labs stated that more than 2,000 global startups applied to incubation programs over two seasons in 2023.In 2023, Binance Labs funded nine featured projects participating in Season 5 and Season 6 of the Binance Labs Incubation Program. These were AltLayer, Bracket Labs, dappOS, KiloEx, Kinza Finance, KryptoSkatt, Mind Network, Sleepless AI, zkPass.” said.
*This is not investment advice.
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