YZi Labs, formerly Binance Labs, has launched a $1 billion Builder Fund to boost innovation within the Binance ecosystem. The move intends to focus on visionary founders building on BNB Chain.
This funding will empower BNB-based projects with financial backing, cutting-edge tools, strategic integrations, and access to a vast network of 460 million users through DeFi, AI, RWA, DeSci, payments, and wallets.
YZi Labs has unveiled a $1 billion Builder Fund to strengthen its support for founders within the ecosystem, particularly on BNB Chain. Chief Ella Zhang stated, “Through this $1B BNB Builder Fund, YZi Labs is committed to supporting BNB builders across sectors such as DeFi, AI, RWA, DeSci, and more — those building the next generation of open systems that connect technology back to human progress.” The platform added,
"The firm is committed to leveraging the BNB Ecosystem as the backbone for humanity’s new scaling laws: Web3 for democratized access and ownership, AI to enhance human potential, and biotech to improve quality of life. Through targeted incubation, strategic investments, and partnerships, it empowers founders to transform these principles into impactful realities."
Over the past few years, the platform has been instrumental in driving growth and innovation within the ecosystem. The team has supported key projects such as PancakeSwap, ListaDAO, Aster, and Aspecta (via the MVB program); fostered institutional engagement through initiatives like the DAT by BNC, the RWA Fund by China Renaissance, and the Yield Fund by Hash Global.
It is noteworthy that the move comes following a series of crypto hacks involving multiple projects linked to the Binance ecosystem. The most recent incident was the PancakeSwap X account hack reported earlier today. Though the platform hasn’t revealed the affected customers of reported losses, the event has sparked widespread concerns.
Another event is the massive Binance Chain hack that resulted in the loss of more than $30 million in assets and unauthorized minting of 10 trillion tokens. While these events have sparked caution and concerns, the latest move is poised to invoke a fresh wave of enthusiasm. Zhang noted that the space “represents the next phase of digital infrastructure, where decentralization, on-chain scalability converges with security and real distribution.” She added, “It’s a living network with global reach and on-chain depth, giving builders the foundation to create products that have real usage and last.”
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