He Yi: Binance Labs manages assets of 9 billion USD, and Binance Charity has donated over 30 million USD in total

ChainCatcher news, Binance co-founder He Yi shared Binance's diversified investments and charitable endeavors in an interview with Authority Magazine. She mentioned that the venture capital and incubator Binance Labs is dedicated to supporting and investing in strong projects and startups that contribute to long-term growth in the large crypto and Web3 ecosystems. Binance Labs manages over $9 billion in total assets, covering more than 250 portfolios across over 25 countries on six continents, and has incubated 50 projects.

Additionally, He Yi also mentioned Binance Charity, the first non-profit charitable organization to utilize blockchain technology, which has donated over $30 million to date, supporting global sustainable development efforts and providing assistance to over 2 million beneficiaries. Binance Charity has launched several charitable initiatives, such as providing lunches for children, Web3 scholarships, and the Pink Care Project (a social impact initiative aimed at addressing period poverty).