Binance Labs Becomes Independent With a Valuation Over $10 Billion Under CEO Richard Teng’s Leadership

In a remarkable turn of events under the leadership of Chief Executive Officer Richard Teng, Binance, the world’s largest digital asset exchange, made a significant move earlier this year. It quietly spun off its venture capital arm, Binance Labs, into…

Binance Labs Invests in Babylon: Blockchain with Bitcoin Staking Protocol

Binance Labs, the esteemed venture capital and incubation arm of Binance, has announced its strategic investment in Babylon, a Bitcoin staking protocol. Babylon introduces the concept of native Bitcoin staking, allowing users to stake their bitcoins directly for Proof-of-Stake (PoS)…

Binance Labs Backs Renzo for DeFi Growth and EigenLayer Adoption

Binance Labs, the renowned venture capital and incubation arm of Binance, has recently made a strategic investment in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. Renzo’s mission is to drive the widespread adoption of EigenLayer, a…

Binance Labs Invests in Ethereum Staking and DeFi Innovation – Puffer

In the dynamic landscape of decentralized finance (DeFi), Puffer emerges as a trailblazing protocol, redefining the Ethereum staking arena. This innovative decentralized and permissionless native liquid restaking protocol (nLRP) is engineered to integrate Ethereum liquid staking with EigenLayer’s innovate restaking…

Binance Labs Backs Initia: A Groundbreaking Layer 1 Network for 0-to-1 Rollups

In the dynamic world of blockchain technology, two crucial elements come to the forefront: perplexity and burstiness. Perplexity gauges the intricacy of written content, while burstiness evaluates the diversity of sentence structures. The art of seamlessly blending intricate concepts into…