Tier 1
Incubator
Binance Labs, the venture capital and accelerator arm of Binance, actively seeks out groundbreaking Web3 innovations. Since 2018, it has backed over 200 projects in 25 countries, including major names like Polygon, Perpetual Protocol, and Dune Analytics through its Incubation Program. With $7.5 billion in Assets Under Management (AuM) as of August 2022, Binance Labs holds the title of the largest crypto VC. It boasts a Multiple on Invested Capital (MOIC) of 21.0x, highlighting its success in nurturing the Web3 ecosystem.
