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YZi Labs Unveils $1 Billion Fund for BNB Chain Projects with Up to $500K Per Team
Yahoo Financeยท2025-10-08 15:34

Core Insights - YZi Labs has launched a $1 billion Most Valuable Builder (MVB) fund to support projects on the BNB Chain, focusing on long-term innovations in various sectors [1][4] - The MVB program will operate under YZi Labs' EASY Residency starting October 2025, providing a dedicated track for BNB builders [2] - Each project can receive up to $500,000 in funding, along with access to YZi Labs' extensive network and resources [3] Company Overview - YZi Labs, previously known as Binance Labs, has invested in over 270 early-stage projects since its inception in 2018, emphasizing Web3, AI, and biotech [4] - The firm has a global portfolio spanning over 25 countries and has achieved over 270% ROI for its incubated companies [6] Market Performance - The BNB Chain has reached significant milestones, including 26 million daily transactions and ranking first in DEX trading with over $6 billion in volume [6] - BNB has become the third-largest cryptocurrency by market capitalization, surpassing XRP with a market cap exceeding $180 billion [7]