Startups are sprouting up every day in the Web3 industry, which is expanding at a breakneck speed. Despite the market collapse, total investment in Web3 projects increased dramatically, reaching $30 billion in 2021 and $36 billion in 2022. Even though many projects have interesting concepts and can offer something of
Tag: startups
Binance Labs Closed a $500M Investment Fund
The venture capital and incubation arm of Binance, Binance Labs, successfully closed a $500M Investment Fund for boosting the development of Blockchain, Web 3 and value-building technologies. The funding round saw participation from several leading global institutional investors such as DST Global Partners and Breyer Capital. Several other private equity funds,
