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Binance Labs closes $500M fund to focus on Web3 and blockchain adoption – TechCrunch - Vimarsana News

Binance Labs closes $500M fund to focus on Web3 and blockchain adoption – TechCrunch

Venture capital firms continue to deploy and raise capital for crypto markets despite volatility in recent weeks, with Binance Labs closing a $500 million investment fund to focus on web3 and blockchain technology adoption. “We really see the fund as another step in terms of us being able to build our mission statement, which is […]

Binance Raises $500 Million Fund to Invest in 'Web3' as Crypto Slides Into Bear Market – NBC10 Philadelphia - Vimarsana News

Binance Raises $500 Million Fund to Invest in 'Web3' as Crypto Slides Into Bear Market – NBC10 Philadelphia

Web3 aims to create a new version of the internet based on blockchain technology.

Binance Investment Arm Raised $500 Million to Invest in Web3 Startups - Vimarsana News

Binance Investment Arm Raised $500 Million to Invest in Web3 Startups

Despite crypto descending into a bear market, Binance has raised $500 million to start a venture capital fund focused on Web3.

Former Binance executives launch $100M crypto fund – TechCrunch - Vimarsana News

Former Binance executives launch $100M crypto fund – TechCrunch

A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research (OFR) – whose name is derived from the classic cocktail – was founded in late 2021 by managing partners Ling Zhang, who was previously the […]

Asia Digest: GrubTech, BBS, Dexlevo in funding news - Vimarsana News

Asia Digest: GrubTech, BBS, Dexlevo in funding news

Binance Labs has led a $1.5 million seed round in Bulletin Board System.