Binance Labs announces 13 new projects within the scope of its support program

Binance exchange announced 13 new projects that its venture arm Binance Labs will support under its MVB program. The projects were selected from the fields of decentralized finance, infrastructure development, and application layer.

Binance Labs announces 13 new projects within the scope of its support program

The Binance exchange has announced 13 new projects to support as part of its “Most Valuable Builder Program” (MVB). The 10-week accelerator program, run by Binance Labs and BNB Chain, has added CMC Labs as a strategic partner for the 7th season.

Binance Labs, the exchange’s venture arm, has selected two main groups of startups to support in this 7th season of MVB. The first is the MVB Startup Group, which includes Web3 projects working to grow the BNB Chain ecosystem.

The second group to be invested in was announced as the Founders Group, but no details about this category have been given yet. It was stated that applications are still open for startups that want to participate in this program.

Not every project can receive investment

Binance Labs will support the projects within the scope of their needs, and whether to invest in the end will be decided according to the project’s progress. Binance Labs invested in 4 of the 12 projects included in the MVB program last year. These were AltLayer, KiloEx, Kinza and Sleepless AI.

13 out of 700 projects were selected

The exchange’s venture arm decided to include 13 projects in the MVB program, which corresponds to 1.8% of the 700 applications.

While the program addresses three areas: DeFi, Infrastructure and Application Layer, the selected projects are as follows:

DeFi 

  • BitU is a crypto-native collateralized stablecoin protocol that leverages off-chain liquidity and efficiency to deliver higher yield.
  • Blum is a hybrid exchange, offering universal token access through gamification within a Telegram mini-app. 
  • Surf is a liquidity hub for all long-tailed exotic assets such as leverage trading for smaller cap coins, premarket trading, points trading and many more. 
  • Vooi a cross-chain perp DEX aggregator supporting EVM and non-EVM chains

Infra 

  • Aggregata is scaling decentralized value of AI Data, powered by DePIN-driven aggregation. 
  • Nesa is the lightweight Layer-1 executing critical AI inference on queries that require a high degree of privacy, security, and trust using ZKML on-chain.
  • Nimble is a composable AI protocol that enables ML models and data to be combined and used by AI agents, data providers, and compute resources. 

Application Layer

  • Aspecta is an AI-powered platform for the developer economy’s new paradigm, empowering individual developers and ecosystem growth.
  • Holoworld is a decentralized AI character marketplace and social platform where anyone can create powerful, intelligent AI bots with a few clicks.
  • Opinion Labs is building dynamic opinion and continuous prediction markets.
  • Side Quest is a gaming and social platform with a robust community.
  • Story Chain is an innovative multi-level AI-based dApp that fosters collaborative storytelling.  
  • Tilted is a TikTok like marketplace to buy, sell and trade games assets, skins and NFTs on-chain.

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