He Yi: Binance Labs assets reach $9 billion, Binance Charity donates over $30 million.

On October 27th, in an interview with Authority Magazine, Binance co-founder He Yi shared about Binance's diverse investment and charity initiatives. She mentioned that Binance Labs, their venture capital and incubator arm, is committed to supporting and investing in strong projects and startups that contribute to long-term growth of the large-scale crypto and Web3 ecosystems. Binance Labs manages over $9 billion in assets, with over 250 portfolios across six continents and 25 countries, and has incubated 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 has provided assistance to over 2 million beneficiaries. Binance Charity has launched various charity initiatives such as providing lunches for children, Web3 scholarships, and the Pink Care Project, which aims to address the social impact of menstrual poverty.