osm beautiful looking

According to Authority Magazine, Binance Co-founder Yi He disclosed the current financial standings of Binance's business ventures and philanthropic pursuits during an interview. Binance Labs, their incubator and venture arm, is at the forefront of supporting and investing in robust startups and projects vital to the exponential evolution of the large-scale cryptocurrency and Web3 ecosystem. The co-founder revealed that Binance Labs' assets currently stand at over $9 billion. This investment portfolio spans over 25 countries across six continents and encompasses more than 250 ventures, out of which 50 have been incubated.

Additionally, Yi He shed light on the philanthropic arm, Binance Charity, which is the first non-profit organisation that leverages blockchain technology for charity. To date, Binance Charity has contributed more than $30 million towards worldwide sustainable development initiatives, aiding in excess of 2 million recipients. This innovative charitable organisation has spearheaded numerous campaigns aimed at making worldwide impacts. Such initiatives include school lunch provision projects, Web3 scholarships, and the Pink Care Project, a social impact initiative targeting menstrual poverty.