Group 1 - YZi Labs has launched a $1 billion builder fund to support founders and developers in the BNB ecosystem, focusing on areas such as DeFi, AI, real-world assets, payments, biotech, and next-gen wallets [1] - The rebranding of YZi Labs from Binance Labs occurred in January 2025, and it has previously supported projects like PancakeSwap and ListaDAO [2] - The BNB Chain is experiencing significant growth, leading all blockchains in DEX trading volume and daily active users, with over 26 million daily transactions [3] Group 2 - In the last 24 hours, BSC recorded $6.05 billion in DEX volume and $5.57 million in chain fees, maintaining a total value locked (TVL) of approximately $9.13 billion [4] - BNB has recently surpassed XRP to become the third-largest cryptocurrency by market cap, reaching an all-time high of $1,336 and a market cap of $184 billion [5] - The Maxwell Hardfork in May improved network efficiency, attracting new developers and users, while institutional interest in BNB is increasing, with plans for CEA Industries to accumulate 1% of BNB's total supply by year-end [6]
YZi Labs Brings $1B Builders Fund to Double Down on BNB
Yahoo Finance·2025-10-08 10:54