Binance Labs, Binance's investment arm, announced that it has rebranded as YZi Labs. With the new name, CZ has also returned to the field.
Changpeng Zhao will play an important role in investments, mentoring its founders and money
Binance Labs, the 15 billion investment arm of the Binance exchange, has completed the rebranding process that it announced in extensive weeks. The company may now operate as #YZILabs
CZ has returned to the field
Binance's former CEO Changpeng Zhao has also returned to the field with this rebranding process. CZ will play an important role in the investments of his companies. He will also mentor the managers and founders. Ella Zhang will be at the head of the company.
Investment in 3 areas will come to the fore
YZi Labs will make investments in Web3, artificial intelligence and biotechnology. The company has also announced those who act independently of the Binance exchange. The current incubation program will continue.
However, it was stated that YZi Labs' investment approach will focus on supporting long-term projects regardless of market cycles.
#CZBİNANCE #BinanceAlphaAlert #AnimecoinOnBinance #TRUMPTokenWatch @CZ
