{"id":12606,"date":"2022-06-04T12:19:52","date_gmt":"2022-06-04T12:19:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-labs-raises-500m-for-web-3-and-blockchain-investments-fund\/"},"modified":"2022-06-04T12:19:52","modified_gmt":"2022-06-04T12:19:52","slug":"binance-labs-raises-500m-for-web-3-and-blockchain-investments-fund","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-labs-raises-500m-for-web-3-and-blockchain-investments-fund\/","title":{"rendered":"Binance Labs Raises $500M for Web 3 and Blockchain Investments Fund"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Cryptocurrency exchange Binance\u2019s venture capital arm, Binance Labs, has successfully raised $500 million to launch a fund that will invest in\u00a0Web 3\u00a0and blockchain businesses.<\/p>\n<p>According to a <a href=\"https:\/\/www.binance.com\/en\/blog\/ecosystem\/binance-labs-closes-%24500m-investment-fund-to-boost-blockchain-web3-and-valuebuilding-technologies-421499824684903944\">blog post<\/a> on Wednesday, the funding round included participation from DST Global Partners, Breyer Capital, Whampoa Group and other private equity funds.<\/p>\n<p>Investments will be made in companies across different stages of their business life cycle: incubation, early-stage venture and late-stage growth.<\/p>\n<p><a href=\"https:\/\/igaming.org\/cryptocurrencies\/binance\/\">Binance<\/a> CEO Changpeng \u201cCZ\u201d Zhao said:<\/p>\n<blockquote>\n<p>\u201cThe goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web 3 across\u00a0DeFi,\u00a0NFTs, gaming,\u00a0Metaverse, social, and more.\u201d<\/p>\n<\/blockquote>\n<p>The fund will make investments across companies in three stages: incubation, early-stage venture and late-stage growth.<\/p>\n<p>Last week Andreessen Horowitz (a16z)\u00a0<a href=\"https:\/\/igaming.org\/crypto\/venture-capital-giant-andreessen-horowitz-raises-4-5-billion-crypto-fund-amid-market-stagnation\/\">raised a whopping \u00a0$4.5 billion<\/a> thereby displaying its immense confidence in the crypto industry.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/binance-labs-raises-500m-for-web-3-and-blockchain-investments-fund\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Cryptocurrency exchange Binance\u2019s venture capital arm, Binance Labs, has successfully raised $500 million to launch a fund that will invest in\u00a0Web 3\u00a0and blockchain businesses. According to a blog post on Wednesday, the funding round included participation from DST Global Partners, Breyer Capital, Whampoa Group and other [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12606"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=12606"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/12606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/12607"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=12606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=12606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=12606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}