CZ’s YZi Labs launches $1B BNB fund as token hits new highs

The Changpeng Zhao-founded YZi Labs is launching a $1 billion fund targeting builders in the BNB ecosystem as BNB skyrockets to all-time highs above $1,300.

YZi Labs, a venture capital firm founded by Binance co-founder Changpeng “CZ” Zhao, is launching a new $1 billion fund for founders in the BNB ecosystem amid the token skyrocketing to new all-time highs.

YZi Labs announced Wednesday a $1 billion Builder Fund to double down on founders in the BNB (BNB) ecosystem, particularly on the BNB Chain.

“BNB ecosystem represents the next phase of digital infrastructure, where decentralization, on-chain scalability converges with security and real distribution,” YZi Labs head Ella Zhang said.

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