Author: YZi Labs
Compiled by: Deep Tide TechFlow
Key Content Summary
Binance Labs has been renamed to YZi Labs, reflecting its independence and expanding its investment scope to include Web3, artificial intelligence (AI), and biotechnology (biotech).
CZ continues to actively participate in investment activities, providing one-on-one guidance and strategic advice to entrepreneurs; meanwhile, Ella Zhang returns to lead YZi Labs, steering the company into the next phase of growth and innovation.
Binance Labs officially announced its rebranding to YZi Labs today. As its investment focus shifts from cryptocurrency and blockchain to artificial intelligence and biotechnology, while still concentrating on driving Web3 innovation, this renaming is a natural progression and better reflects its positioning for independent development.
For many years, YZi Labs has operated independently while leveraging the influence of the Binance brand. Now, with CZ stepping down from Binance, YZi Labs' choice to detach from the Binance brand for independent development is an inevitable decision for business growth.
Under the new brand framework, CZ will continue to play a significant role in investment activities. He will be directly involved in the growth process of entrepreneurs, providing them with one-on-one guidance and strategic advice. This hands-on approach not only demonstrates YZi Labs' commitment to creating value for the industry but also offers entrepreneurs a valuable opportunity to grow alongside industry leaders.
Additionally, Ella Zhang's return further strengthens the leadership team at YZi Labs. Ella co-founded Binance Labs with CZ and served as its first head. Under her leadership, Binance Labs launched the first three incubation programs, successfully supporting over 40 startups, including Polygon, Injective Protocol, CertiK, and Dune Analytics. In 2020, Ella left to pursue entrepreneurial ventures, and now, with her rich investment experience and entrepreneur-centric perspective, her return is sure to bring more innovation and growth momentum to YZi Labs.
In the coming year, YZi Labs will focus on investments in Web3, artificial intelligence, and biotechnology, while exploring the innovative possibilities arising from the convergence of these fields. Despite the expanded investment scope, YZi Labs remains committed to supporting projects that can create long-term impact and drive the next wave of growth in the industry, regardless of market fluctuations.
The organization plans to further optimize its incubation program by reintroducing face-to-face experiences through a 12-week offline residency program, providing entrepreneurs with an immersive collaborative environment to help them grow and innovate more effectively.
“Renaming to YZi Labs is not just a change of name; it represents an upgrade of our vision. We are expanding our investment scope to transformative industries such as AI and biotechnology (biotech),” CZ stated. “We are very pleased to welcome Ella back to lead the company into the next stage of development. She played a key role in the early success of the company, and I believe that under her leadership, YZi Labs will continue to discover and support entrepreneurs who can create long-term impact.”
Ella Zhang, head of YZi Labs, stated: “I am very excited to return to YZi Labs at this critical moment and look forward to reconnecting with our entrepreneurs and community. While the rebranding opens a new chapter, our mission remains unchanged: to support visionary entrepreneurs who focus on long-term development. By exploring new fields such as AI and biotechnology while being rooted in Web3, we hope to continuously expand the boundaries of technology and applications, creating lasting value for society.”
Furthermore, YZi Labs will continue to provide the same level of support to all existing portfolio companies. This rebranding will not affect existing programs, resources, or initiatives, including the incubation program and support for the BNB Chain's "Most Valuable Builder (MVB)" program. This transformation not only marks a brand upgrade but also demonstrates YZi Labs' firm commitment to its mission.
About YZi Labs
YZi Labs focuses on transformative technology sectors, dedicated to investing in solidly founded companies at various stages in Web3, artificial intelligence (AI), and biotechnology (biotech). Our goal is to support visionary entrepreneurs, helping them create long-term value and generate profound impact.
Currently, YZi Labs' portfolio spans 25 countries across six continents, involving over 250 projects. More than 65 companies have participated in our incubation program. For more information, please follow YZi Labs on X.
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