Binance Labs has invested in #BIOProtocol , marking its first venture into the decentralized science (DeSci) sector. BIO Protocol aims to leverage blockchain to support fundraising and commercialization of early-stage scientific research. Binance Labs describes BIO as a blockchain-based equivalent of Y Combinator for science, helping finance and organize research through decentralized autonomous organizations (DAOs). BIO’s initial token event raised $6 million, and it has now raised a total of $13 million. The platform supports research in diverse fields, including cryopreservation, women’s health, and mental health psychedelics, with plans for decentralized AI research agents.