Binance Labs Outshines Rivals in Crypto Launchpad Investments

As a crypto investor, I’ve been keeping an eye on Binance Labs, the investment arm of Binance. According to Root Data Labs’ recent report, they’ve invested in a whopping 21 out of the 30 Launchpool projects since November 2021. That’s an impressive 11.05% strike rate!


According to a recent study by Root Data Labs, Binance Labs, the investment wing of prominent cryptocurrency trading platform Binance, has emerged as the most financially engaged backer of Launchpool initiatives.

๐—ช๐—ต๐—ผ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ผ๐—ฟ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—ธ๐—ฒ๐—ฒ๐—ป ๐—ฒ๐˜†๐—ฒ๐˜€ ๐˜๐—ต๐—ฎ๐˜ ๐—ถ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐˜† ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฝ๐—ผ๐—ผ๐—น’๐˜€ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† ๐—ฝ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐˜€? ๐Ÿ‘€

We’ve compiled data on ๐Ÿฏ๐Ÿฌ Binance ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฝ๐—ผ๐—ผ๐—น ๐—ฝ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐˜€ since November 2021, ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐˜๐—ผ๐˜๐—ฎ๐—น ๐—ผ๐—ณ ๐Ÿฎ๐Ÿด๐Ÿดโ€ฆ

โ€” RootData (@RootDataLabs) April 28, 2024

Since November 2021, Binance Labs has taken part in an impressive 21 out of the total 30 Launchpool projects through its data analytics platform. As a result, they have accumulated a significant number of 190 investment portfolios.

As a researcher studying the investment strategies of various venture capital firms, I’ve come across some notable ones like OKX Ventures, Coinbase Ventures, and Polychain Capital, each having invested in approximately five Launchpool startups. Remarkably, Binance Labs stands out with an impressive 11.05% strike rate.

Binance Labs’ systematic process for identifying groundbreaking cryptocurrency projects and securing early investments is evident in this remarkable outcome.

Among the 288 investors, the success rate was generally below 2%. However, some standout investors, including Gemini’s Frontier Fund, Draper Dragon, and individual investor Kin Warwick, managed hit rates of over 5%, demonstrating their knack for recognizing promising projects in the cutthroat Launchpool market.

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2024-04-28 22:44