Binance Labs Closes $500M Investment Fund to Boost Blockchain, Web3, and Value-Building Technologies

Main Takeaway:

  • Binance Labs closes a new $500 million investment fund with support from leading global institutional investors.
  • The new fund will invest in projects that can expand cryptocurrency use cases and drive the adoption of Web 3 and blockchain technologies.
  • The new fund will invest in three different stages: incubation, early-stage venture, and late-stage growth.
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TikTok Star Khaby Lame & Binance Team Up to Drive Crypto Awareness

We are pleased to welcome the world's most-followed TikToker, Khaby Lame, as a global Binance Brand Ambassador. With over 1 billion likes, Khaby Lame’s viral TikTok videos have earned him over 142 million followers from all corners of the globe.

A key push for Binance is in increasing Web3 awareness and adoption, and working with a superstar like Khaby Lame will allow us to bring this mission to a whole new audience.
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Binance signs MoU with The Ministry of Digital Development of the Republic of Kazakhstan

Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, today announced the signing of an MoU with the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan. In the agreement, the parties expressed mutual interest in virtual asset market development in the country.
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