Binance Labs is independent from cryptocurrency exchange Binance

CoinGecko’s research last year found that Binance Labs was the ninth most active among its peers, with a total of 177 investments as of September 2023. This is similar to companies like Pantera Capital and Digital Current Group, and slightly less than Animoca Brands. According to the study, Coinbase Ventures was the most active cryptocurrency venture capital firm at the time, with 372 investments.