Mapping Out Binance Labs Portfolio

Binance Labs, founded in 2017, operates as an investment leg of Binance Exchange. Its strategy is two-fold: in mid-2018, they launched an incubator program where they host 10-week on-site initiatives aimed at growing early-stage start-ups and it additionally makes direct investments into already functioning projects.

During the incubator program, Binance Labs’ team provides seed investment, mentorship and empowers blockchain entrepreneurs by connecting them to the industry leaders. The first two “seasons” of the incubation program were very successful as the company is gearing up for the third round in Fall 2021, with the application period currently underway. Some of the projects that graduated from Binance Labs’ incubation programs include companies like Injective Protocol, SafePal, Dune Analytics, and more.