ChainCatcher news, Binance Labs issued an article reviewing the Web3 investment field in 2023, saying that since 2018, Binance Labs’ investment portfolio covers 250 projects in 25 countries, with a return on investment of 14 times, and more than 50 portfolio companies are Binance Labs incubation project.

It is reported that Binance Labs invested more than 25 times throughout the year in 2023, with the investment focusing on infrastructure and tools based on zero-knowledge proof technology, Web3 games and DeFi.