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Cryptocurrency News Articles
Foresight Ventures Commits $25 Million to Support Live Projects on BNB Chain Throughout 2025 as Part of the BNB Incubation Alliance (“BIA”)
Feb 24, 2025 at 06:15 pm
Foresight Ventures, a leading global crypto-focused venture capital firm, is proud to announce its commitment of up to $25 million to support live projects
Crypto-focused venture capital firm Foresight Ventures has announced a commitment of up to $25 million to support live projects on BNB Chain throughout 2025, as part of the BNB Incubation Alliance (BIA).
Foresight Ventures will be able to invest in standout projects and identify high-potential ventures early in their development, as an alliance member of BIA.
Launched by BNB Chain and YZi Labs (formerly Binance Labs), the BNB Incubation Alliance is a dynamic accelerator for early-stage Web3 projects.
Through an interconnected ecosystem of resources, mentorship, and strategic partnerships, BIA is designed to help emerging blockchain ventures achieve sustainable growth and impactful deployment.
BIA features a comprehensive support framework that includes access to the Most Valuable Builder (MVB) program, potential YZi Labs funding opportunities, and BNB Chain grants.
Selected projects will also benefit from the innovative Launch-as-a-Service (LaaS) package, streamlining their development journey within the BNB ecosystem.
By creating this pipeline of tools and resources, BIA is positioned to catalyze the next wave of industry-leading Web3 projects.
“Our commitment to supporting projects in the BNB Incubation Alliance reflects our enduring mission to support visionary entrepreneurs and emerging blockchain projects,” said Forest Bai, Co-Founder of Foresight Ventures.
“By backing projects within BIA, we aim to bridge promising ideas with the essential resources and networks they need to thrive. This collaboration reinforces our belief in the transformative power of blockchain technology and our responsibility to foster its adoption globally.”
“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,” said the BNB Chain Core Development Team.
The BNB Incubation Alliance will conduct a series of global events designed to showcase early-stage projects and connect them with industry leaders, investors, and experts.
These events will spotlight ventures in incubation, offering unparalleled opportunities for collaboration and knowledge exchange.
The criteria for project selection prioritize innovation, scalability, and a strong alignment with the ecosystem’s objectives.
As a pioneer in bridging East and West within the crypto sector, Foresight Ventures brings unparalleled insights and a robust network to the alliance. Its commitment reflects a desire to catalyze blockchain innovation across borders.
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