Binance Labs Adds $500 Million to Crypto Fund That Will Support Crypto, Web3 Projects

Binance Labs has raised a mega investment of $500 million (roughly Rs. 3,875 crore). Several venture capital firms participated in this investment. These include DST Global Partners, Breyer Capital, and Whampoa Group among others. The money will fund Web3 and crypto startups in their incubation and growth stages.