Binance's investment arm, originally launched as Binance Labs in 2018, was rebranded to YZi Labs in January 2025 and now operates as an independent family office managing over $10 billion in assets for co-founders Changpeng 'CZ' Zhao and Yi He. It invests across all stages in Web3, AI, and biotech, with a portfolio of over 300 projects worldwide.
32% of their portfolio is in Crypto & Web3. Average disclosed round size is $21.3M (across 123 rounds with reported amounts).
Portfolio
118
Fund Size
$10B
Top Stage
Seed
Last 12 Mo
4
Team
MS
Michael Siu
Investment Director
CM
Camile Mathis
Vice President
SH
Siyuan Han
Researcher
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
135 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Renaiss Protocol | Unknown | $1.5M | Jun 2026 |
 RoboForce | Growth | $52M | Mar 2026 |
 Bitway | Seed | $4.4M | Jan 2026 |
 ZEROBASE | Seed | $5M | Jan 2026 |
 Polysights | Pre-Seed | $1.5M | Jan 2026 |
 Sats Terminal | Pre-Seed | $1.7M | Dec 2025 |
 Digital Asset Holdings | Series E | $135M | Jun 2025 |
| AAxelar Foundation | Unknown | $30M | Mar 2025 |
 Ambit Finance | Series A | $4.5M | Jan 2025 |
 Ethena | Unknown | $14M | Jan 2025 |
| AAvalon Labs | Series A | $10M | Dec 2024 |
| MMoonwalk Fitness | Unknown | $3.4M | Oct 2024 |
 Hemi Labs | Unknown | $15M | Sep 2024 |
 Sahara AI | Series A | — | Aug 2024 |
| RRenzo Protocol | Seed | $17M | Jun 2024 |
 UXUY | Seed | $7M | May 2024 |
 Gomble | Unknown | $10M | Apr 2024 |
 Movement | Series A | $100M | Jan 2024 |
 DappOS | Series A | $15.3M | Jan 2024 |
 Melos Studio | Series A | $10M | Jan 2024 |
 SkyArk Chronicles | Unknown | $15M | Jan 2024 |
| GGomble Games | Unknown | $10M | Jan 2024 |
 SecondLive | Unknown | $12M | Jan 2024 |
 Kernel DAO | Unknown | $10M | Jan 2024 |
| PPolyhedra Network | Strategic | $10M | Jan 2024 |
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Top Co-Investors
Animoca Brands18 shared
HashKey Capital14 shared
Polychain Capital13 shared
Coinbase Ventures12 shared
YZi Labs12 shared
dao510 shared
Gate Labs9 shared
Lightspeed Venture Partners9 shared
Pantera Capital8 shared
The Spartan Group8 shared
Mirana Ventures8 shared
Crypto.com7 shared
Fenbushi Capital7 shared
IOSG Ventures7 shared
Jump Capital7 shared
Matrix Partners6 shared
NGC Ventures6 shared
OKX Ventures6 shared
Amber Group6 shared
Foresight Ventures6 shared
Last updated: 7 October 2026