Top Crypto Exchange Binance Spins Off $10 Billion Venture Unit
   [1]https://www.bloomberg.com/news/articles/2024-03-15/crypto-exchange-b
   inance-spins-off-binance-labs-venture-capital-unit
   Crypto exchange Binance quietly spun off its $10 billion venture
   capital arm earlier this year in one of the most notable developments
   yet of Chief Executive Officer Richard Teng’s four-month-old tenure.

References

   1. https://www.bloomberg.com/news/articles/2024-03-15/crypto-exchange-binance-spins-off-binance-labs-venture-capital-unit