YZi Labs (formerly Binance Labs) announced the launch of a $1 billion Builder Fund to develop the BNB Chain ecosystem.
The fund focuses on supporting developers working in the areas of trading, real asset tokenization (RWA), artificial intelligence, DeSci, DeFi, payment solutions and crypto wallets. It aims to provide developers with infrastructure, funding, integration tools and access to over 460 million ecosystem users.
The initiative was a response to the growing performance of the network, the statement said:
- more than 26 million transactions daily
- leadership in trading on decentralized exchanges and user activity
- bNB’s new all-time high of over $1350 (as of October 7)
In addition, YZi Labs added that the Most Valuable Builder (MVB) gas pedal will become a separate part of YZi Labs’ EASY Residency program starting October 2025. Participants will be able to receive up to $500,000 as well as access to BNB Chain, YZi Labs teams, investors, partners and mentors.
“The BNB ecosystem is the next stage of digital infrastructure development where scalability and security are combined with real-world applications,” said YZi Labs CEO Ella Zhang.
She added that the Builder Fund will support those building products with long-term value in the DeFi, AI, RWA and DeSci segments.
Applications for the EASY Residency and MVB programs are accepted on an ongoing basis.
Earlier, former CEO of Binance exchange Changpeng Zhao denied that YZi Labs plans to attract external investors in the future.