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Binance Labs fills its Warchest

Binance Labs has managed to raise $500 million in order to establish an investment fund.

The venture capital side of Binance will be using the fund to invest in projects and founders that are building in web3. This includes DeFi, NFTs, gaming, metaverse, and social projects.

Private equity firms such as DST Global Partners, Breyer Capital, Whampoa Group, and others participated in the fundraise.

Binance

Binance Labs Closes $500M Investment Fund to Boost Blockchain, Web3, and Value-Building Technologies | Binance Blog Binance Labs announces the closing of a new $500 million investment fund. The fund is supported by leading global institutional investors such as DST Global Partners, Breyer Capital, and Whampoa Group. Other major private equity funds, family offices, and corporations also subscribed to the fund as....

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