Written by Peter, Foresight News

In the field of cryptography, Binance has always been the key to every practitioner. A name that cannot be avoided, and as a leader in primary investment, Binance Labs’ impact on the crypto field is self-evident. In the months after Changpeng Zhao was released from prison in Long Beach, his net worth reached $70 billion due to the frenzied rise in cryptocurrency.

In such a general environment, Binance Labs officially announced its name change to YZi Labs on January 23, completing the private transfer from a cryptocurrency venture capital institution to Changpeng Zhao. Transformation of the family office. As the on-chain market is booming, what impact will the transformation and expansion of Binance's pedigree and new investment strategy carried by YZi Labs have on the entire ecosystem?

Although CZ has stepped down from Binance, he will continue to play an important role in YZi Labs, directly providing one-on-one guidance and Strategic advice to help optimize business models and investment strategies.

CZ emphasized that his investment philosophy focuses more on social impact than short-term returns. And the return of Ella Zhang also supports this belief. Ella, who served as the first head of Binance Labs, returns to lead the strategic development of YZi Labs. She has successfully incubated more than 40 projects including Polygon, Injective Protocol and CertiK, and her experience will bring more innovation power to YZi Labs.

In the process of Zhao Changpeng's release from prison, he has repeatedly stated that he will pay more attention to the application of "human welfare", and has previously done so in depth to a certain extent. Go deep into the field of education (K12 type education through Giggle Academy). In the investment context that has been disclosed, YZi Labs’ investment areas cover Web3 infrastructure, DeFi, etc., and will subsequently expand from the original cryptocurrency and blockchain to Web3, artificial intelligence (AI) and biotechnology (biotech).

Web3: YZi Labs will continue to support blockchain and decentralized technology projects, including its previously incubated BNB Chain "Most Value Creator (MVB) Program. As one of its core investment fields, Web3 will continue to promote the development of DAPPS and blockchain infrastructure, and investment in this field will be mainly enabled by the Binance Ecology.

AI: AI is regarded as an important driving force for future technology, and Yzi Labs plans to invest in startups in the field of AI and explore its blockchain technology Combine. For example, it has invested in AI infrastructure such as Sahara AI and MyShell, which is committed to realizing AI decentralization through blockchain technology. But for users, its perception may be more concentrated in the field of Agent, so it may focus on subsequent investment.

biotechnology (biotech): investment in the field of biotechnology will focus on innovative applications of projects with transformative potential, especially crossing with AI and Web3 technology. Earlier, Zhao Changpeng came to the DESCI meeting in Bangkok and conducted relevant discussions, and this preference also appeared in subsequent investment. For example, BIO Protocol provided a financing paradigm for decentralization science in previous investment, and the expansion in this field reflects Yzi Labs's attention to cross -science and technology integration.

Yzi Labs transforms into a family wealth management office, and will manage the wealth of Zhao Changpeng and his family members, including the assets of the co-founder of Binance. This transformation makes its investment strategy more flexible, while maintaining attention to high potential projects. Yzi Labs currently manages about $ 10 billion in cryptocurrency -related assets, and plans to further expand the investment portfolio.

YZI Labs also plans to extend the team from the current 9 to 20, and Recruit experts in the field of AI and biotechnology to enhance their investment capabilities in emerging fields. After leaving the name of Binance, we can foresee that Yzi Labs will have greater freedom and extensiveness in decision -making. At the same time, the VC department after completely split will be more affected by the personal preferences of the Zhao Changpeng family.

Yzi Labs plan to launch a 12-week offline Bootcamp program by optimizing its incubation plan to create an immersive collaborative environment for entrepreneurs. This measure not only strengthened the face -to -face communication between entrepreneurs, but also accelerated the growth and innovation of startups through the direct guidance of the mentor.Help entrepreneurs achieve the leap from concept to market, while exploring the innovation possibilities brought by the integration of these fields.

Judging from Binance’s previous ecology, it needs to empower its public chain BNB CHAIN ​​and related applications. As for the on-chain ecology, the existing pure on-chain liquidity is concentrated in the Solana and Base ecology. For the BNB ecology, a certain post-investment driving effect is needed to support it. As an industry-leading exchange, Binance can provide resources that others cannot match. It can be seen from the many products launched in recent years (Binance Alpha, HODLER Drop, etc.) that Binance is promoting user aspects of many projects, including projects invested by YZi Labs (such as Solv Protocol and BIO Protocol, etc.) .

The name change and transformation of YZi Labs is not only a brand upgrade, but also an important step in its investment strategy Fully expanded. By focusing on Web3, AI and biotech, and relying on the leadership of CZ and Ella Zhang, YZi Labs is expected to become a significant driver of cross-domain innovation in the coming years. Its positioning as a family office also provides it with greater flexibility and a long-term investment horizon.