Binance Labs, the venture capital and incubation arm of Binance, has announced an investment in BIO Protocol to accelerate decentralized science (desci) financing.
Binance Labs has taken its first step into the decentralized science sector with an undisclosed investment in BIO Protocol.
“Binance Labs has invested in BIO Protocol, a pioneering protocol that is changing the way early-stage scientific research is funded and commercialized using blockchain technology.
“At Binance Labs, we are committed to bringing about groundbreaking developments that create long-term, real-world impact by supporting projects that build meaningful technologies. This approach aligns closely with our investment in BIO Protocol.”
“BIO Protocol represents a significant step forward in DeSci by combining biotech and DeFi,” said Andy Chang, Chief Investment Officer at Binance Labs. “At Binance Labs, we are committed to unlocking groundbreaking advances that create long-term, real-world impact by supporting projects that build meaningful technologies; this approach aligns closely with our investment in BIO.”
*This is not investment advice.