NAUT tracks 242 Binance Labs co-investors, organisations that invested alongside Binance Labs, now YZi Labs, across 64 of its round records, and 81 of them shared 2 or more of those rounds, counted on 14 November 2026. Polychain Capital is the most frequent Binance Labs co-investor on NAUT's record with 8 shared rounds, followed by Animoca Brands on 7 and Big Brain Holdings and HashKey Group on 6 each.
How this was counted: on 14 November 2026 NAUT read every round record that carries Binance Labs as a backer and listed the other backers on those rounds, organisations only (3 backer rows that are not organisations left out, no archived or merged rows found). NAUT lists the fund under 2 rows: the Binance Labs row holds 105 round records and the YZi Labs row holds 3 more, all from August and September 2026. Together that is 108 records at 92 companies; 64 of them, at 60 companies, carry at least 1 other organisation backer on NAUT's record. The Binance Labs row alone gives 239 co-investors on 63 rounds, and the YZi Labs row adds 3 firms and 1 round. 21 of the 64 shared rounds have no date on file. Of the 25 firms tabled, 10 had their description put to outside sources and 9 were confirmed; the other 15 were not checked outside NAUT. NAUT's lead flag is set on few backer rows, so this article makes no lead count.
Which Binance Labs co-investors share the most rounds?
These 25 firms share the most rounds with Binance Labs on NAUT, ranked by shared rounds, then by name. Rounds is the shared round count, Cos the companies behind those rounds, and Newest the latest dated round the firm shares with Binance Labs.
| # | Co-investor | Rounds | Cos | Newest |
|---|---|---|---|---|
| 1 |  Polychain Capital |
8 | 8 | 27 Aug 2024 |
| 2 |  Animoca Brands |
7 | 7 | 20 Oct 2025 |
| 3 |  Big Brain Holdings |
6 | 6 | 18 Sep 2024 |
| 4 |  HashKey Group |
6 | 6 | 11 Nov 2024 |
| 5 |  Gate.io Labs |
5 | 5 | 9 Jul 2025 |
| 6 |  Nomad Capital |
5 | 5 | 11 Nov 2024 |
| 7 |  Coinbase Ventures |
4 | 4 | 21 Jun 2023 |
| 8 |  dao5 |
4 | 4 | 11 Nov 2024 |
| 9 |  Fenbushi Capital |
4 | 4 | 12 Mar 2024 |
| 10 |  HTX Ventures |
4 | 3 | 25 Nov 2024 |
| 11 |  IOSG Ventures |
4 | 4 | 6 Jul 2022 |
| 12 |  Lightspeed Venture Partners |
4 | 4 | 19 Oct 2024 |
| 13 |  MH Ventures |
4 | 2 | 19 Oct 2024 |
| 14 |  Mirana Ventures |
4 | 3 | 14 Aug 2024 |
| 15 |  NGC Ventures |
4 | 4 | 5 Jul 2023 |
| 16 |  OKX Ventures |
4 | 4 | 11 Nov 2024 |
| 17 |  Sequoia Capital |
4 | 4 | 20 Oct 2025 |
| 18 |  SevenX Ventures |
4 | 4 | 11 Nov 2024 |
| 19 |  Shima Capital |
4 | 4 | 20 Oct 2025 |
| 20 |  ABCDE Capital |
3 | 3 | 27 Aug 2024 |
| 21 |  Amber Group |
3 | 3 | 11 Nov 2024 |
| 22 |  Animoca Brands (Ventures) |
3 | 3 | 21 Feb 2023 |
| 23 |  Arrington Capital |
3 | 3 | 30 Mar 2021 |
| 24 |  Fundamental Labs |
3 | 3 | 6 Jul 2022 |
| 25 |  GSR |
3 | 3 | 25 Nov 2024 |
Animoca sits under 2 NAUT rows, Animoca Brands with 7 shared rounds and Animoca Brands (Ventures) with 3. Counted once per round, the 2 rows share 8 rounds with Binance Labs, level with Polychain Capital. 7 more firms share 3 rounds and are left off the table for space.
What did NAUT find that a portfolio page does not show?
3 findings come only from reading the rounds side by side:
- The new rounds sit on a second row. The 3 records under YZi Labs are 4DLabs, Nxos and XStable, dated 25 August to 22 September 2026. Cointelegraph reported in January 2025 that Binance Labs "has rebranded to YZi Labs", so a search for the old name alone misses the 2026 deals.
- The bench is wide and shallow. 161 of the 242 co-investors shared just 1 round, 81 shared 2 or more, 32 shared 3 or more and 19 shared 4 or more.
- Generalist and exchange money both show up. Sequoia Capital and Lightspeed Venture Partners, which outside sources describe as multi-sector venture firms, share 4 rounds each. So do 3 exchange venture arms: Coinbase Ventures, OKX Ventures and HTX Ventures, the last described by a 2024 release as the "global investment arm of the cryptocurrency exchange HTX".
Which Binance Labs syndicate rounds were the biggest?
The largest Binance Labs syndicate on NAUT's record is the StarSharks private round of 24 December 2021, with 27 other organisation backers.
StarSharks
Treehouse
LiveArt
Moonbeam
Hemi
Celestia
Stakestone
LayerZeroMoonbeam had a strategic round. 5 of the 8 are seed rounds or a Series A (Treehouse Finance, LiveArt, Hemi, Celestia, LayerZero); NAUT holds an amount for 58 of the 63 shared rounds on the Binance Labs row, with a median of $6M.
What the Binance Labs co-investors list tells a BD team
- Start with the 19 firms on 4 or more shared rounds: they have joined Binance Labs deals most often on NAUT's record.
- Sort by the newest shared round. Animoca Brands, Sequoia Capital and Shima Capital last joined Binance Labs on 20 October 2025 (Open Campus); Gate.io Labs on 9 July 2025 (Velvet).
- Selling to exchanges? 3 of the 25 are exchange venture arms, each on 4 shared rounds.
- Pick the repeat firmsStart with the 19 that share 4 or more rounds, from Polychain Capital on 8.
- Check recencyFavour firms with a 2025 shared round, such as Gate.io Labs and Shima Capital.
- Open the fund pageEach firm's NAUT page lists its team and portfolio.
- Reach the partnerUse the channels NAUT has on file for the person who runs the deals.
What this tells a founder raising from Binance Labs or YZi Labs
- If Binance Labs or YZi Labs is in your round, Polychain Capital and the 2 Animoca rows (8 shared rounds together) are the firms most often beside it on NAUT's record.
- The 3 biggest syndicates were a private round and 2 seeds: StarSharks had 27 other backers, Treehouse Finance 18 and LiveArt 17.
- Look up the YZi Labs row as well as Binance Labs: the 3 records from 2026 sit there, so YZi Labs co-investors on new deals show up only on that row.
- Map the repeat backersTake the 81 firms on 2 or more shared rounds as your first outreach list.
- Find their dealsOpen each firm's NAUT page and read the rounds it shared with Binance Labs.
- Ask the foundersContact the teams at those companies, such as Hemi or Stakestone, about the syndicate.
How to reach the decision makers
Every firm in the table links to its NAUT page, which lists the team NAUT has on file and the channels held for each person. Start at Binance Labs for the 105 older records and YZi Labs for the 3 from 2026, then open the co-investor pages from the table.
Related reading on NAUT: Binance Labs portfolio: 92 companies on NAUT, now YZi Labs and Crypto co-investors: 3 steps, 168 on 66 rounds for 1 fund.
Can you pull this data through the NAUT API?
Yes: GET https://api.naut.so/v1/investors/binance-labs with your key as $NAUT_KEY returns the fund with its team and portfolio rows (company, roundType, amountUsd, announceDate, isLead), and the same call on a co-investor slug such as polychain-capital returns that firm's rounds to compare. Each call costs 5 credits, so the Essential plan at $49 a month (3,000 credits) covers 600 of them; see the API docs and pricing. Verified Telegram, email and LinkedIn for the people at these firms unlock on any paid NAUT plan, so start a 7-day trial.
Binance Labs co-investors FAQ
Who invests alongside Binance Labs most often?
Polychain Capital shares 8 rounds with Binance Labs on NAUT's record as of 14 November 2026, Animoca Brands 7, and Big Brain Holdings and HashKey Group 6 each; counted across its 2 NAUT rows, Animoca shares 8.
How many co-investors does Binance Labs have?
NAUT counts 242 organisations that share at least 1 of 64 Binance Labs or YZi Labs round records as of 14 November 2026, and 81 of them share 2 or more.
Is Binance Labs now YZi Labs?
Yes. Cointelegraph reported in January 2025 that Binance Labs "has rebranded to YZi Labs", and NAUT holds the fund under 2 rows: Binance Labs with 105 round records and YZi Labs with 3 from 2026.
Where can I find Binance Labs co-investors and their contact channels?
NAUT lists each co-investor on its own page, and the team NAUT has on file appears there where held. GET https://api.naut.so/v1/investors/binance-labs returns the fund with its team and portfolio rows (company, roundType, amountUsd, announceDate, isLead). Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.
Sources
- NAUT database, Binance Labs and YZi Labs round records and their backers, read 14 November 2026.
- Cointelegraph, Binance Labs rebrands to YZi Labs, 23 January 2025.
- PR Newswire, HTX Ventures release, 30 May 2024.
- Global Venturing, OKX Ventures, 6 August 2024.
- Fortune, Coinbase Ventures, 3 October 2024.
- Wikipedia, Sequoia Capital and Lightspeed Venture Partners.