Binance Co-CEO He Yi disclosed at a Hong Kong event on April 20 that Binance, through YZi Labs, has indirectly invested in several Chinese AI projects. These investments have not been publicly disclosed, and the shareholding arrangements are described as flexible. He Yi also mentioned that she does not directly participate in decision-making for the BNB Chain. Additionally, she noted that while evaluating numerous projects applying for Alpha, many were deemed subpar and not worth pursuing.