Binance Co-founder Yi He: Binance Labs Assets Reach $9 Billion, Binance Charity Donations Surpass $30 Million

According to Authority Magazine, Binance co-founder Yi He shared insights into Binance's diversified investments and charitable endeavors during an interview. She mentioned that their venture arm and incubator, Binance Labs, is committed to supporting and investing in robust projects and startups that contribute to the long-term growth of the large-scale cryptocurrency and Web3 ecosystem. The total assets managed by Binance Labs have surpassed $9 billion, encompassing over 250 investment portfolios across more than 25 countries in six continents, and have incubated 50 projects.Furthermore, Yi He highlighted Binance Charity, the first non-profit organization utilizing blockchain technology for philanthropy, which has to date donated over $30 million in support of global sustainable development efforts, aiding more than 2 million beneficiaries. Binance Charity has launched several charitable campaigns, such as providing lunch for children, Web3 scholarships, and the Pink Care Project, a social impact initiative aimed at addressing menstrual poverty.