Binance quietly spun off $10 billion venture arm Binance Labs | Crypto News Source
Binance quietly spun off $10 billion venture arm Binance Labs
Binance, the world’s leading crypto exchange by trading volume, has seemingly spun off its venture capital and incubation arm Binance Labs, according to its website. “Binance Labs is an independent venture and not part of the Binance Group nor is it involved in any of the businesses operated by the Binance Group (including but not limited to the Binance cryptocurrency exchange),” a disclaimer on the site now reads.