Binance Labs has invested in BIO Protocol’s decentralized science (DeSci) movement.
The investment aims to expand BIO Protocol’s BioDAO ecosystem, fostering collaboration in areas like cryopreservation and mental health therapies.
BIO Protocol uses blockchain to transform funding and commercialization of early-stage scientific research, allowing researchers, patients, and investors to jointly fund and develop novel medical treatments.
The investment from Binance Labs will support the growth of BioDAOs and the development of an autonomous infrastructure for innovative research.