The world’s largest cryptocurrency exchange by trading volume is making strategic moves to bolster the venture capital side of its business.
In a new announcement, Binance says that chief marketing officer Yi He will take over as the new head of Binance Labs to put an emphasis on fostering innovative growth for blockchain technology.
Yi, who along with CEO Changpeng Zhao co-founded Binance in 2017, says one of her priorities will be to provide support to talented risk-takers.
“Part of the journey of seeing Binance grow, especially through tough market conditions, has been the ability to identify those founders that have the skills and embody the values needed to thrive in an environment where resources are more limited.”
Regarding the importance of ensuring widespread adoption