DeSci, or decentralized science, is gaining momentum, with major investors like Binance Labs and a16z backing the sector

Event date

Jan 29, 2025 - 12:00am

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Recent investments from major players like Binance Labs and a16z reflect growing interest in DeSci.

DeSci, a concept that merges blockchain technology with scientific research, is gaining traction by offering new ways to fund and share research

While DeSci as a concept has been around since 2021, its traction has grown notably in recent months

Last November, Binance Labs — now rebranded as YZi Labs — made its first move into the DeSci sector with an investment in BIO Protocol

In September, a16z made its first DeSci investment in the decentralized biobank platform AminoChain