BingX Labs celebrates its first anniversary, investing $16 million to advance Web3 and AI innovation ecosystems

The global leading cryptocurrency exchange and Web3 AI company BingX today announced that its investment and incubation department, BingX Labs, has officially entered its first anniversary. Since its establishment in 2024, BingX Labs has rapidly risen to become a key force driving Web3, AI, and decentralized finance (DeFi) innovation, actively playing multiple roles such as strategic investor, deep collaboration partner, and developer ally. In the past year, BingX Labs has invested a total of $16 million, funding multiple promising blockchain projects and protocols, including Babylon, StakeStone, and establishing strategic partnerships with industry leaders like IOSG, Kaia Foundation, and Hackquest, working together to advance the overall Web3 and AI ecosystem. These collaborations not only highlight BingX Labs' strategic vision of "long-term layout with infrastructure first" but also further establish its core position among global blockchain and AI adoption promoters. Beyond financial support, BingX Labs is also committed to becoming a technological innovation research hub. The team focuses on cutting-edge fields such as Real-World Asset (RWA) tokenization, DeFi, and AI Agents, and continuously establishes deep connections with the global technology community through regular online seminars and developer exchange events, jointly nurturing the next wave of technological breakthroughs. Additionally, BingX Labs actively participates in landmark industry events like Consensus and Token 2049, further enhancing its global visibility and influence in the Web3 and AI domains. BingX Labs Head and BingX Chief Product Officer Vivien Lin stated: "In its first year, BingX Labs has become more than just an investment platform, emerging as an innovative engine driving the future of Web3 and AI. Through in-depth research, strategic collaboration, and co-creation with developers, we are gradually building underlying architectures that support breakthrough projects. Moving forward, we will continue to focus on empowering developers and partners, jointly exploring and realizing potentially disruptive applications and technologies." Looking ahead, BingX Labs plans to further expand its research scope, deepen its global partner network, and focus on AI-driven decentralized applications (dApps) and next-wave innovative projects with breakthrough potential, accelerating the new chapter of Web3 and AI integration. About BingX: Founded in 2018, BingX is a global leading cryptocurrency exchange providing diverse products and services including spot, derivatives, copy trading, and asset management to over 20 million global users. In 2024, BingX became an official partner of Chelsea Football Club, demonstrating its international brand layout. The platform also regularly provides mainstream cryptocurrency price analyses for Bitcoin and Ethereum, meeting the needs of users from beginners to professionals. BingX is committed to creating a trustworthy trading environment and offering innovative tools to enhance user trading capabilities.