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Binance Labs Invests in BIO Protocol to Accelerate Decentralized Science (DeSci) Funding

Nov 08, 2024•over 1 year ago

Contract Type

partnership

SingaporeVenture CapitalAngel Investment

Description

Binance Labs has made an investment in BIO Protocol, a pioneering protocol that revolutionizes early-stage scientific research financing and commercialization using blockchain technology. This marks Binance Labs' initial foray into the Decentralized Science (DeSci) sector, aligning with their dedication to supporting projects driving meaningful technological advancement.

Company Information

Company

Fusion Interactive

Location

Singapore

About

As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $9 billion. Its portfolio covers 200 projects from over 25 countries across 6 continents and has an over 10X rate of return on investments. Fifty of Binance Labs' portfolio companies have been projects that had gone through our incubation programs. For more information, follow Binance Labs on Twitter.

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