March 3, 2026 – YZi Labs, the investment firm backed by Binance co-founder Changpeng “CZ” Zhao, has invested $100 million in Hash Global’s BNB fund, signaling strong institutional confidence in the Binance ecosystem.

Ella Zhang, head of YZi Labs, said BNB has become a “foundational utility asset with attractive yield, powering the future of financial infrastructure,” and encouraged other traditional investors to join in for long-term growth.

The BNB fund, launched in June, reportedly delivered a 32.5% return by the end of August. Holding BNB is viewed as a proxy bet on Binance, currently the world’s largest spot cryptocurrency exchange by volume.

BNB, the native token of the Binance ecosystem, is the world’s fourth-largest cryptocurrency, with a market capitalization of roughly $85 billion, trading at $623.55 as of Tuesday morning.

Hash Global highlighted that BNB Chain supports over 5 million daily active users and 760 million unique addresses, offering institutional investors a structured and collaborative way to participate in the network’s growth.

YZi Labs, closely tied to Zhao and fellow Binance co-founder Yi He, focuses on investments in Web3, AI, and biotech, while Hash Global, founded in 2018, manages multiple primary and secondary market funds and was among the earliest validators on BNB Chain.