Binance Labs, the venture capital entity associated with Binance, is set for a major overhaul as CZ, Binance's CEO, assumes an active role in its investment strategies. This change signifies a strategic shift as the venture capital arm transitions to a family office for CZ and Binance co-founder Yi He.
According to Bloomberg, the move underscores Binance's commitment to realigning its investment focus and leveraging leadership expertise to optimize its venture capital endeavors.
Source: www.coindesk.com ↗