Binance Labs Gets Major Overhaul With CZ Taking Active Role in Investments

  • Article

Name

Binance Labs Gets Major Overhaul With CZ Taking Active Role in Investments

Description

Binance Labs has been rebranded to YZi Labs, transforming from Binance's venture capital arm into a family office for former Binance CEO Changpeng Zhao (CZ) and co-founder Yi He. CZ, now actively involved in investments, also expands the firm's focus to include AI and biotech alongside Web3.

Types

Article

Authors

Krisztian Sandor

Publish date

6:59pm, Thursday, January 23, 2025

Publisher

CoinDesk

Related projects

Binance

Web URL

https://www.coindesk.com/business/2025/01/23/binance-labs-gets-major-overhaul-with-cz-taking-active-role-in-investments

Referenced by

Binance Labs Rebrands to YZi Labs, Expands Focus to AI and Biotech Under CZ’s Leadership

Crypto news

News story

Under this rebranding, [CZ] will take a more active role in investment activities, directly engaging with founders and offering mentorship and coaching

Crypto news

Quote

YZi Labs will turn into a family office of CZ and Binance co-founder Yi He, Bloomberg reported

Crypto news

Quote