YZi Labs Launches $1 Billion Fund to Fuel BNB

TLDR

Table of Contents

YZi Labs launches a $1 billion Builder Fund to support BNB ecosystem projects.
The fund focuses on sectors like AI, DeFi, trading, and RWA tokenization.
Founders can access up to $500K in funding and tools from YZi Labs’ accelerator.
BNB Chain reaches 26 million daily transactions, cementing its third-place market cap.

Changpeng “CZ” Zhao’s family office, YZi Labs, has launched a $1 billion Builder Fund to further develop the BNB ecosystem. This initiative aims to support projects working on the BNB Chain, which has recently achieved new milestones, including surpassing XRP and Tether to become the third-largest cryptocurrency by market cap.

Fund Focus Areas and Support for Founders

The $1 billion Builder Fund will primarily focus on projects in various sectors such as trading, artificial intelligence (AI), decentralized finance (DeFi), tokenization of real-world assets (RWA), payments, wallets, and decentralized science (DeSci). YZi Labs has already played a key role in backing successful projects like PancakeSwap, ListaDAO, Aster, and Aspecta within the BNB ecosystem. These projects have garnered significant attention from investors and adoption within the crypto community.

As part of this initiative, founders will be required to participate in the Most Valuable Builder (MVB) accelerator program under YZi Labs’ EASY Residency, which begins in October. The accelerator program is designed to provide founders with up to $500,000 in funding, alongside access to a range of tools, integrations, and a user ecosystem of over 460 million people. This support aims to drive projects that have real-world impact within the BNB ecosystem.

Recent BNB Chain Milestones

BNB Chain has been setting new records in recent months, with data from Nansen revealing that the network recorded 26 million transactions in a single day. This achievement highlights the increasing adoption of BNB Chain and its growing role within the broader blockchain ecosystem. Furthermore, BNB Chain continues to lead in decentralized exchange (DEX) trading volume, further solidifying its position in the market.

The BNB network’s performance improvements were significantly enhanced by the Maxwell Hardfork in May. This upgrade reduced block times to just 0.75 seconds and lowered transaction fees to 0.05 Gwei. These changes have had a positive impact on the network’s scalability and transaction efficiency, making it a more attractive option for developers and users alike.

YZi Labs’ Commitment to Decentralization

Ella Zhang, Head of YZi Labs, stated that the BNB ecosystem is preparing for the next phase of digital infrastructure adoption. She emphasized that decentralization and on-chain scalability are critical for the growth of the ecosystem, especially as more industries adopt blockchain technology. The ongoing improvements in BNB Chain’s performance and security have established a solid foundation for future development and broader adoption.

With this new $1 billion fund, YZi Labs is positioning itself as a major player in fostering innovation on the BNB Chain. The fund aims to drive the next wave of projects that can scale decentralized solutions and integrate seamlessly with global financial systems.

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