Reported by The Block: Foresight Ventures is doubling down on the BNB Chain ecosystem, pledging up to $25 million to back live projects in the BNB Incubation Alliance (BIA) throughout 2025. The crypto VC heavyweight is stepping up as a key player in the alliance, hunting for early-stage Web3 gems to fuel with capital and know-how.
Launched by BNB Chain and YZi Labs (the artist formerly known as Binance Labs), BIA is a turbocharged accelerator for blockchain upstarts. Think mentorship, resources, and a slick pipeline featuring the Most Valuable Builder (MVB) program, YZi Labs funding shots, BNB Chain grants, and a Launch-as-a-Service (LaaS) package to fast-track development. It’s a full-stack setup designed to turn raw ideas into scalable Web3 winners.
Foresight Ventures’ Co-Founder Forest Bai remarks: “We’re here to back visionaries and bridge the gap between big ideas and real execution. BIA aligns with our mission to push blockchain adoption globally—$25 million is just the start.”
The BNB Chain Core Development Team expresses: “The BNB Chain ecosystem continuously works to catalyze projects' success through initiatives like BIA from ideation to maturity and ecosystem incentives, empowering builders to succeed and thrive .”
The alliance will be hosting global events to spotlight incubated projects, linking them with investors, industry vets, and fellow innovators. Selection hinges on innovation, scalability, and a tight fit with BNB Chain’s goals.
Foresight Ventures, known for straddling East-West crypto divides, brings its deep Rolodex and sharp instincts to the table. This $25 million play signals a big expectation on BNB Chain’s ability to churn out the next wave of blockchain heavyweights.
This post is commissioned by Foresight Ventures and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.
BNB Chain
