On October 27th, Binance co-founder He Yi shared Binance's diverse investments and charitable initiatives in an interview with Authority Magazine. She mentioned that Binance Labs, their venture capital and incubator arm, is committed to supporting and investing in strong projects and startups that generate long-term growth for the large-scale crypto and Web3 ecosystems. Binance Labs manages over $9 billion in assets, covering more than 250 portfolios in over 25 countries across six continents and incubating 50 projects. In addition, He Yi also mentioned Binance Charity, the first non-profit charity organization that utilizes blockchain technology. To date, it has donated over $30 million to support global sustainable development efforts and provide assistance to over 2 million beneficiaries. Binance Charity has launched multiple charitable activities, such as providing lunch for children, Web3 scholarships, and the Pink Care Project (a social impact project aimed at addressing menstrual poverty).
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