YZi Labs, the rebranded venture arm of Binance that manages $10 billion in assets, has committed $100 million to Hash Global’s $BNB Holdings Fund, an institutional vehicle designed to give traditional financial firms exposure to the $BNB ecosystem.
Hash Global, an Asia-based digital asset investment manager and longtime $BNB Chain validator, structured the fund to let institutions participate in ecosystem yields without directly handling on-chain operations.
The commitment builds on YZi Labs’ earlier backing of Hash Global’s retail-focused $BNB Yield Fund and signals deeper collaboration between the two firms.
“$BNB has become a foundational utility asset with attractive yield, powering the future financial infrastructure,” said Ella Zhang, head of YZi Labs.
$BNB Chain supports more than 5 million daily active users and has accumulated 760 million unique addresses, positioning $BNB among the top four digital assets by market capitalization.
Hash Global founder KK described the partnership as validation of a distinct institutional model for $BNB, one centered on active ecosystem participation rather than passive exposure through exchange-traded products or staking alone.
“$BNB’s institutionalization should not be viewed merely as portfolio inclusion, but as a structural alignment between capital and ecosystem development,” KK said.
YZi Labs underwent a rebrand from Binance Labs in January 2025 and has since expanded its focus beyond Web3 to include artificial intelligence and biotechnology investments.
Hash Global, founded in 2018, operates as one of the earliest validators on $BNB Chain and has invested in more than 80 web3 ventures through its primary and secondary market funds.