YZi Labs, a venture capital and investment firm backed by Changpeng Zhao (CZ), has invested in Avalon Labs, a platform developing a Bitcoin based financial infrastructure including lending, saving and NTC backed stablecoin

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May 26, 2025

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YZi Labs, a venture capital and investment firm with over $10 billion in assets under management, has invested in Avalon Labs, a Bitcoin-focused on-chain capital markets platform.

In a bold bet on Bitcoin’s DeFi future, Changpeng Zhao (CZ)-backed YZi Labs—formerly Binance Labs—has made an undisclosed investment in Avalon Labs, a fast-rising platform building on-chain capital markets powered by BTC. In an X post on May 26, the firm said the project is building financial infrastructure around BTC-collateralized lending, stablecoin USDa, savings products, and credit services, showing there is interest in Bitcoin-powered DeFi.

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Week 22 of 2025