Binance Labs

labs.binance

Blog

Overview

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

Kenneth Chan

Portfolio Management

Kevin Poh

Portfolio Management

Andrew CY Chan

M&A & Portfolio Management

Yi He

Head

Nicola Wang

Investment Director

Michael Siu

Investment Director

Jerry Zhao

Investment

Alex Odagiu

Investment Director

Dana Hou

Business Strategy & Ops

Investment Map

Investment Size

Investments

Astar

Multi-chain smart contract platform

LayerZero

Omnichain Interoperability Protocol

Celestia

Modular blockchain network

Aptos

Scalable layer 1 blockchain

zkSync

A scaling and privacy engine for Ethereum

CertiK

Blockchain security company

Polygon

Decentralised Ethereum scaling platform

Chiliz

Blockchain Fintech Provider for Sports and Entertainment

MultiversX

Highly scalable blockchain platform

Web3Auth

Pluggable auth infrastructure

Acquired

Mask Network

Web3 Portal

Axelar

Decentralized cross-chain communication network

Solv Protocol

Decentralized Bitcoin Staking Protocol

Mythical Games

Game technology studio

Biconomy

Multi-chain transaction infrastructure

DappOS

Intent execution network

AltLayer

Execution and elastic scaling layer as blockchain

Cyber

The L2 for Social

Pendle

Yield trading protocol

Curve

Decentralized Exchange

Radiant Capital

Omnichain money market

Maverick Protocol

Decentralized trading protocol

SPACE ID

Universal name service network with a one-stop identity platform

Symbiosis Finance

Cross-chain engine and interchain communication protocol

Sui

Layer 1 blockchain

Injective

Layer1 Blockchain Optimized for DeFi Applications

Hashflow

Decentralized Trading Platform

PancakeSwap

Decentralized Exchange

Push Protocol

Web3 communication platform

Axie Infinity

NFT-based online video game

STEPN

Web3 lifestyle app

NYM

Building the next generation of privacy infrastructure

Dune

Data platform for the open web

1inch

Decentralized Exchange Aggregator

Beam

Sovereign network focused on gaming

Audius

Decentralized music streaming protocol

Kava

Layer-one blockchain

Celer Network

Blockchain Interoperability Protocol

BitTorrent

Popular P2P file sharing protocol

Trust Wallet

Cryptocurrency wallet

Acquired

zkPass

Private data oracle protocol

Mind Network

Fully encrypted web3 infrastructure with FHE

GAMEE

Play-to-earn gaming platform

DIN

AI Agent Blockchain

Covalent

Decentralized data infrastructure

The Sandbox

Decentralised, community-driven gaming ecosystem

ARPA

Decentralized secure computation network

HOPR

Layer-0 metadata privacy-protection protocol

Polyhedra

Powering verifiable AI with scalable, secure ZK infrastructure

WOO Network

Deep liquidity network

Magic Square

Web3 multi-chain crypto app store

LeverFi

On-chain leveraged trading protocol

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

Xterio

Cross-platform play-and-earn developer and publisher

Neutron

Permission-less smart contract platform for Interchain DeFi

Lifeform

Decentralized visual digital identity (DID) solution provider

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

Ankr

Web 3.0 Infrastructure Providers

OpenLeverage

Decentralized lending and margin trading protocol

Zecrey

Ethereum Layer 2 Privacy Protocol

Fusionist

Multi-Game Universe

Wombat Exchange

Multi-chain stableswap

OpenOcean

DeFi and CeFi full aggregator

Terra

Decentralized financial infrastructure

Automata Network

Modular attestation layer

Nine Chronicles

A decentralized fantasy world

Figment

Blockchain infrastructure and services provider

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

Reef

Layer 1, EVM Compatible, Substrate Based Blockchain

MathWallet

The Multichain Wallet for Web3

Heima

Layer 1 blockchain

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

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

Travala.com

Blockchain-based travel booking platform

Privasea

Decentralized privacy computing infrastructure

Swan Chain

Decentralised Infrastructure to Universalise AI

SecondLive

Hub for Metaverse inhabitants

Initia

Omnichain rollups

Elfin Metaverse

GameFi Omni Layer focuses on e-sports

Tabi

L1 chain focused on consumer applications

GoPlus Security

Web3 Modular User security layer

Paragraph

Web3 Creator Platform

Gomble Games

Strategic Casual Game Studio

KiloEx

Perp DEX

Delphinus Lab

ZKWasm solutions

Ultiverse

social gaming metaverse

Bracket

Decentralized derivatives protocol

Sleek

Web3 social platform

Virtual Labs

Zero Knowledge Infrastructure

Kinza

Lending protocol with ve(3,3) tokenomics

Marlin

A verifiable computing protocol

Gameta

NFT gaming ecosystem

Ultimate Champions

Fantasy football game

Ambit

DeFi Superapp

FrankieOne

API platform for identity verification and fraud detection

Sender AI

Decentralized transaction execution network

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

APX Finance

CEX-DEX hybrid cryptocurrency exchange

pSTAKE Finance

Liquid staking protocol

Community Gaming

All-in-one esports competition platform

Heroes of Mavia

MMO strategic game

League of Kingdoms

Blockchain MMO strategy games

GAT Network

Web of connected NFT trading & gaming projects

Space Labs

DeSci Satellite Project

StarSharks

Shark-themed NFT GameFi ecosystem

Raydius

Middleware solution for Layer 2 ecosystem

Biswap

Decentralized Trading Platform

Melos Studio

Web 3.0 music NFT platform

NFKings

NFT creative and production company

Alien Worlds

Blockchain-based metaverse

Xend Finance

Real world asset aggregation platform

SafePal

Crypto management wallet

My Neighbor Alice

Multiplayer blockchain builder game

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

TreeHouse Finance

The Decentralized Fixed Income Layer

Sleepless AI

AI-based virtual companion game

CoralApp

Web3 fitness app

Kryptoskatt

Crypto tax platform

Reveel

Universal peer-to-peer payment network

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 Application

PhishFort

Anti-phishing solutions for the crypto companies and users

Ambrosia

DeFi savings account

FTX

Cryptocurrency exchange

Multichain

Cross-chain router protocol

Copycat Finance

Decentralized copy trading and copy farming platform

SkyArk Chronicles

Triple A fantasy JRPG Game

BinaryX

GameFi development platform

BxB

KRWb service provider

Acquired

Ancilia

Web3-centered cybersecurity company

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

BBS Network

Decentralized message board forum

Name	Round	Amount	Valuation	Date
Open CampusEDU	--	$ 3.15 M	--	Nov 27, 2023
Sleek	Seed	$ 5 M	--	Nov 17, 2023
ArkhamARKM	--	--	--	Nov 15, 2023

Parent Company

Binance

Investment Overview

Rounds in the past year

0

Total rounds

143

Portfolio Numbers

173

Lead Investment

38

Related Archives

65 Projects, Updated Dec 20, 2023

The Projects Incubated by Binance Labs

Significant Events

Jun 01, 2022

Binance Labs Closes $500M Investment Fund

Oct 12, 2021

Binance Starts $1 Billion Crypto Growth Fund for Blockchain

Cooperations

NGC Ventures

11 Rounds

HashKey Capital

8 Rounds

DeFiance Capital

7 Rounds

Coinbase Ventures

7 Rounds

FBG Capital

5 Rounds

Delphi Digital

5 Rounds