Vana (VANA) saw a 35% price surge early Tuesday following reports that YZi Labs (formerly Binance Labs) had invested in the project.
Vana is a crypto-AI startup focused on data ownership. Its decentralized Layer-1 blockchain allows users to control and monetize their data, making it a major player in the evolving AI and blockchain landscape.
YZi Labs Backs Vana With CZ as Advisor
YZi Labs’ investment marks its first AI-focused funding since rebranding from Binance Labs. The firm aims to push innovation in AI, Web3, and biotech.
Andy Chang, Investment Director at YZi Labs, highlighted the company’s expanding vision.
In addition to the investment, Binance founder Changpeng Zhao (CZ) will serve as an advisor to Vana, further strengthening its position in the industry.
Details on the investment structure and valuation remain undisclosed. However, Vana founder Anna Kazlauskas confirmed the funding round was completed in January, with YZi Labs as the sole investor.
Vana’s Growth and Future Plans
Before this funding round, Vana raised $25 million from investors like Paradigm, Coinbase Ventures, and Polychain Capital. With fresh capital from YZi Labs, Vana aims to:
✅ Expand its DataDAO ecosystem
✅ Launch Data Tokens for 16+ DataDAOs
✅ Attract more data contributors
✅ Support new DataDAOs
✅ Strengthen data financialization
With CZ and YZi Labs backing, Vana is positioned to become a key player in AI and blockchain-driven data ownership.
Final Thoughts: A Game-Changer for AI and Blockchain?
Vana’s partnership with YZi Labs highlights the growing importance of data ownership in AI and blockchain. The investment also signals Binance founder CZ’s continued influence despite his lifetime ban from Binance.
As data becomes more valuable, Vana’s decentralized model could revolutionize how individuals control and profit from their information.
