• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
YZi Labs: Expanding Visionary Investments in Web3, AI, and Biotechnology

YZi Labs: Expanding Visionary Investments in Web3, AI, and Biotechnology

user avatar

by Giorgi Kostiuk

a year ago


YZi Labs has announced its rebranding and a significant expansion in its investment focus towards AI and biotechnology, while maintaining its roots in Web3.

A Broader Vision for Innovation

YZi Labs' revamped mission emphasizes nurturing projects with strong fundamentals and the potential to create lasting societal value. Ella Zhang, co-founder of Binance Labs, has returned to lead this ambitious transition. Under her prior leadership, the firm successfully incubated over 40 transformative projects, including notable names like Polygon, Injective Protocol, and Dune Analytics.

By venturing into new horizons in AI and biotech, while staying rooted in our Web3 foundations, we aim to push the boundaries of innovation and create lasting value for society.Ella Zhang

New Incubation Program for Founders

As part of its rebranding, YZi Labs has introduced a 12-week residency program designed to empower founders. This initiative provides an environment that fosters collaboration, creativity, and innovation. Founders participating in the program will gain access to mentorship, resources, and a network of experts across Web3, AI, and biotech. Existing portfolio projects, including those from Binance Labs' era, will continue receiving unwavering support during the transition.

Changpeng ‘CZ’ Zhao’s Enhanced Role

Changpeng Zhao, formerly Binance’s CEO, will play a pivotal role in shaping YZi Labs’ future. Following his departure from Binance in November 2023 after a legal settlement, CZ has shifted his focus toward investing in AI and blockchain ventures. Now, as a hands-on mentor at YZi Labs, CZ will directly guide founders, helping refine their strategies and unlock new growth opportunities.

Rebranding to YZi Labs is more than a name change — it signifies an expanded vision as we broaden our horizons to include transformative sectors like AI and biotech.Changpeng ‘CZ’ Zhao

The transition to YZi Labs represents more than a rebranding; it signals a commitment to revolutionize innovation across multiple disciplines. The company’s holistic approach aims to identify synergies between Web3, AI, and biotech, ensuring a future of interconnected growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Major Market Participant Sells $500 Million in ETH

chest

A major market participant, known as the Hyperunit whale, has sold approximately $500 million worth of ETH, impacting market liquidity and sentiment.

user avatarAisha Farooq

Total Crypto Market Cap Faces Weakness After Failed Breakout

chest

The total crypto market cap has seen a significant contraction following a failed breakout attempt.

user avatarTenzin Dorje

Coinbase Premium Index Indicates Potential Demand Recovery for Ethereum

chest

The Coinbase Premium Index has recently rebounded, indicating a potential shift in demand for Ethereum from US investors.

user avatarBayarjavkhlan Ganbaatar

Bitcoin's Value Stalls Against Gold Amid Quantum Computing Concerns

chest

Bitcoin's long-term value increase compared to gold has halted, coinciding with the rise of quantum computing awareness.

user avatarMohamed Farouk

Kevin O'Leary Secures $28 Million Judgment in Defamation Case Against Ben Armstrong

chest

Businessman Kevin O'Leary has won a $28 million judgment in a defamation case against YouTuber Ben Armstrong after Armstrong failed to respond to the lawsuit regarding false claims about O'Leary's involvement in a fatal boating accident.

user avatarElias Mukuru

Locked Ethereum Supply Influences Market Dynamics

chest

The increase in locked Ethereum supply is impacting market dynamics, reducing selling pressure and altering trading conditions.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.