Binance Labs Launches $500 Million Fund To Boost Blockchain, Web3

The venture capital and incubation arm of leading cryptocurrency exchange Binance on Wednesday launched a $500 million fund, that will invest in projects that can extend the use cases of cryptocurrencies and drive the adoption of Web3 and blockchain technologies.

Fund supported by global investors

The fund is supported by global institutional investors like DST Global Partners, and Breyer Capital. Other major private equity funds, family offices, and corporations also subscribed to the fund …

Full story available on Benzinga.com

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