YZi Labs announced its investment in Vana, a crypto and AI startup focused on data ownership. Binance co-founder Changpeng Zhao will serve as an advisor for Vana.
YZi Labs' Investment in Vana
YZi Labs completed its investment in Vana in January 2025. This marks the firm's first AI investment since rebranding from Binance Labs. The investment amount has not been disclosed. Founded in San Francisco in 2021, Vana plans to use the funds to expand its DataDAO ecosystem and promote further platform adoption worldwide.
VANA Price Surge
Following the investment announcement, VANA experienced a significant price increase of over 25%, reaching $7.78 with a market cap of over $234 million at the time of writing. Prior to the announcement, VANA was trading at approximately $6. Notable previous investors in Vana include Paradigm, Coinbase Ventures, and Polychain Capital.
About Vana and Its Future Plans
Vana is a crypto/AI startup focused on ensuring data ownership for its users. Its platform allows for data to be pooled into DataDAOs, earn rewards, and maintain control over the data in AI model building. In the future, Vana plans to expand its DataDAO ecosystem, launch data tokens for more than 16 DataDAOs, and extend data usage beyond cryptocurrency.
The new investment from YZi Labs strengthens Vana's position as a significant player in the crypto/AI market with a focus on data ownership. Support from major investors and active involvement of Changpeng Zhao lay a foundation for further growth and development.
