CZ’s YZi Labs Launches $1B Builder Fund to Boost BNB Growth

YZi Labs, owned by Changpeng “CZ” Zhao’s family office, recently shared that it has committed a $1 billion builder fund to support projects built on the BNB Chain. 

This news comes as Binance Coin (BNB) overtakes XRP and Tether’s USDT to become the third-largest cryptocurrency by market capitalization. This marks a big step forward for the ecosystem.

YZi Labs Announces a $1 Billion Boost for Builders

In a recent X post, YZi Labs said the $1 billion fund is meant to support founders and developers creating projects on the BNB Chain. The fund will focus on key areas driving the next stage of blockchain growth.

This includes trading, real-world asset (RWA) tokenization, artificial intelligence (AI), decentralized science (DeSci), decentralized finance (DeFi), payments, and wallets.

Startups seeking support will join the Most Valuable Builder (MVB) accelerator program under YZi Labs’ EASY Residency. The program officially kicks off later this October. The program is built to help promising teams get the tools, connections, and funding they need to grow their products around the world.

YZi Labs Backs the Next Wave of Blockchain Builders

With the new fund, YZi Labs will offer up to $500,000 to each selected project. The company will also give teams access to key integrations, advanced tools, and the BNB community of over 460 million users. The goal is to boost real-world use cases and support lasting growth across the ecosystem.

YZi Labs has a strong record of funding promising blockchain projects. The team has previously supported startups like Sign, PancakeSwap, ListaDAO, Aster, and Aspecta. All of these projects have earned investor trust and community support. 

This funding news comes as on-chain data revealed the BNB Chain recently reached a record-breaking 26 million transactions in a single day. This figure shows the sign of its strong and growing user activity. BNB Chain is one one of the most active and efficient networks in the blockchain space.

BNB Surges to New Heights

The Maxwell Hardfork, rolled out in June, had further boosted the network performance. The upgrade reduced block times to 0.75 seconds and slashed transaction fees to just 0.05 Gwei. These improvements made BNB Chain faster, cheaper, and more efficient, setting the stage for BNB’s recent rally. 

Most recently, the coin climbed to a new all-time high above $1,330, surpassing XRP, USDT, and even Solana (SOL). It now trades around $1,314, with daily moves between $1,241.68 and $1,336.57, showing strong momentum across the market.

The platform also saw a 105% rise in trading volume during the same time, adding more strength to the growing positive trend. This shows that interest from traders and investors is increasing quickly.