YZi Labs is bullishing on decentralized AI through their expanded investment in Tensorplex Labs, aiming to foster the combination of AI and Blockchain.
Newest funding from YZi Labs: Tensorplex Labs
Today morning, March 07, YZi Labs (formerly Binance Labs) announced an investment in Tensorplex Labs – a pioneer project of decentralized AI. They are leading at the intersection of blockchain and AI, aiming to speed up innovation of AI.
Tensorplex AI currently has two flagship products:
- Backprop Finance: A comprehensive DeFi platform for the Bittensor (TAO) ecosystem, operating as a DeFi hub and trading analytics center for dTAO tokens (subnets of Bittensor). Additionally, it offers decentralized financial solutions powered by EVM smart contracts.
- Tensorplex Dojo: A decentralized AI infrastructure that enables real-time interaction between humans and AI. Users can contribute data and feedback to Tensorplex Dojo for improving or upgrading and receive rewards. The developer team expects Dojo can open a new era of real-life communication between humans and AI, helping solve complicated issues in the future.
With the latest investment and resource support from YZi Labs, Tensorplex Labs plans to further accelerate decentralized AI development based on blockchain technology. The project will also expand its team, focusing on research and development (R&D) to bring decentralized AI into real-world applications.
Andy Chang, Investment Director at YZi Labs, stated strong belief on this deal: “At YZi Labs, we are bullish on the AI space and believe decentralization will play a key role in its evolution […] This investment strengthens our bet on decentralized AI, and we are excited to support their vision in building a more open and collaborative AI ecosystem.”
“We’re thrilled to have YZi Labs’ support as we continue to innovate in, and push, the boundaries of the decentralized AI space. We believe the next leap in AI will emerge from seamless collaboration between humans and AI agents.” said CK Cheung, Co-Founder of Tensorplex Labs.
Following YZi Labs’ announcement of its investment in Tensorplex Labs, CZ (former Binance CEO) personally retweeted the post on X (Twitter), expressing confidence in the future of AI with Blockchain. Additionally, CZ’s act for increased AI + blockchain integration aligns completely with the vision of the 47th President of the United States, Donald Trump. Trump has appointed David Sacks as the White House’s “crypto and AI advisor” to shape policies on artificial intelligence and cryptocurrency development.
What is YZi Labs?
YZi Labs is one of the most significant funds, which is classified as Tier 1 with big figures like Blackrock, Polychain Capital, Dragonfly Capital, etc. YZi Labs has previously made significant investments in projects like Catizen (CATI), Solayer (LAYER), Sui (SUI)… After rebranding from Binance Labs to YZi Labs in early 2025, the fund will shift its focus toward key areas such as Web3, AI, and Biotech.
Source: Cryptorank
