• 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

Former Mt Gox CEO Proposes Hard Fork to Recover $5 Billion in Bitcoin

chest

Mark Karpeles, the former CEO of the collapsed Mt Gox exchange, proposes a hard fork in Bitcoin to recover nearly 80,000 Bitcoin lost during the exchange's downfall in 2014, valued at over $5 billion.

user avatarSatoshi Nakamura

MVRV Pricing Bands Indicate Potential Bitcoin Price Bottom

chest

MVRV pricing bands suggest potential Bitcoin price bottom between $51,558 and $54,703.

user avatarJesper Sørensen

Morgan Stanley Expands Bitcoin Offerings

chest

Morgan Stanley announces plans to enhance its Bitcoin and cryptocurrency services, moving towards native custody and an internal exchange platform.

user avatarRajesh Kumar

Binance Expands Product Suite with Gold Futures Trading

chest

Binance has introduced gold futures trading, allowing users 24/7 access to price exposure on gold.

user avatarLucas Weissmann

Citi Plans to Integrate Bitcoin into Traditional Finance

chest

Citi announces plans to introduce infrastructure for Bitcoin integration into traditional finance by 2026.

user avatarTomas Novak

BNB Shows Resilience Despite Market Fluctuations

chest

BNB shows technical resilience despite recent market volatility, maintaining a strong position above its 200-week moving average.

user avatarFilippo Romano

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.