Binance Labs, traditionally linked with the Binance exchange, has announced its transition to an independent venture capital arm. This strategic shift comes with a portfolio now valued at over $10 billion, spanning 250 projects across more than 25 countries. The venture has an impressive return on investment rate of over 14x. It aims to empower early-stage Web3 projects by providing unparalleled access to mentorship and resources within the Binance ecosystem.