PANew news on December 31, Binance Labs released a 2024 review on social media, stating that it invested in 46 projects this year, 14 of which came from the BNB Chain's MVB program or Labs incubation program, and 32 were direct investments. Infrastructure and application projects each accounted for 50%. Binance founder CZ has become active again, investing a lot of time in industry investments, actively communicating with new and old founders, and deeply participating in projects.
Binance Labs' investment portfolio covers Telegram, Solana, Ethereum and major Ethereum L2s, and makes small investments in emerging ecosystems such as Berachain, Monad, Initia, and mature ecosystems such as Stacks, Celestia, and Bittensor. About 20% of the investments come from the BNB ecosystem projects (MVB program).
Binance Labs stated that in 2025, it will continue to provide ongoing support for founders with long-term vision. At the same time, Binance Labs announced that the new researcher Siyuan has joined the team to jointly promote the development of the Web3 field.
