Analysis by CoinGecko final 12 months discovered that Binance Labs had made a complete of 177 investments as of September 2023, rating the ninth most lively amongst its friends, a comparable determine to corporations resembling Pantera Capital and Digital Foreign money Group and barely lower than Animoca Manufacturers. Coinbase Ventures was comfortably essentially the most lively crypto enterprise capital firm within the interval, with 372 investments, in keeping with the analysis.