A $1 billion fund potentially backed by a Binance co-founder's company, YZi Labs, is being considered to support developers building on the BNB Chain.

YZi Labs $1 Billion Fund

YZi Labs, the family venture office of Binance co-founder Changpeng Zhao, is launching a $1 billion fund dedicated to supporting long-term builders on the BNB Chain. The fund focuses on key areas including trading, real-world assets, AI, DeSCI, and DeFi, and aims to facilitate growth within the BNB Chain ecosystem.

Support and Eligibility

Selected teams can receive up to $500,000 in funding, along with technical support and residency resources through a merged builder program. Applications are accepted on a rolling basis; teams should prepare a clear project summary, technical roadmap, and go-to-market plan for review. A recent surge in BNB Chain activity, exceeding 26 million transactions, underscores the opportunity.

BNB Chain Momentum

The initiative reflects growing interest and on-chain activity on BNB Chain, with its own price also experiencing notable gains. This renewed momentum creates favorable conditions for the development of new infrastructure and products. The merger of existing residency programs streamlines the support process for participating teams.

Application Process

Teams interested in applying should submit a comprehensive proposal highlighting their project's potential. YZi Labs will focus on teams demonstrating innovative ideas and strong technical foundations. Successful applicants will benefit from direct engagement with the BNB Chain core team for deployment assistance.