Binance Co-Founder He Yi to Lead Binance's Venture Capital Division

He Yi, the co-founder of Binance, will lead Binance Labs, Binance's $7.5 billion venture capital arm, and be responsible for Binance Labs' global strategy and daily operations. The practicality of blockchain innovation projects. In addition, He Yi will continue to lead and support Binance's key businesses and departments, including customer service, institutional business, marketing, Binance C2C, and Binance Wealth Management. Foresight News previously reported that the head of Binance Labs, Bill Qian, left in June. Binance Labs currently manages assets totaling $7.5 billion and has invested in more than 200 projects.