Crypto Exchange Binance Spins Off Binance Labs Venture Capital Unit
Powered by @unfolded- Crypto exchange Binance spun off its $10 billion venture capital arm, Binance Labs, earlier this year.
- Binance Labs has become an independent entity and has severed some ties with the wider Binance group.
- Binance Labs staff now have separate contracts, similar to the setup at Binance-backed digital ledger BNB Chain.