Golden Finance reported that Binance Labs issued a statement stating that it has invested in 46 projects this year, 14 of which came from the MVB plan centered on the BNB chain or the laboratory incubation plan unrelated to the chain, and 32 came from direct investment. The split between infrastructure and application deals is 50:50. Among these 46 transactions, 10 belong to DeFi, 7 belong to AI, 7 belong to BTC ecosystem, 4 belong to Restake, 3 belong to games, 2 belong to ZK, 2 belong to RWA, and 2 belong to consumer applications . The remaining investments span infrastructure (from security to wallets and chain abstractions) as well as emerging areas such as Move. Approximately 20% of the investment comes from the BNB Ecosystem Project (its MVB program). Binance Labs’ key areas of focus for 2025 are crypto/blockchain, artificial intelligence, and biotech.