BNB Token ($BNB ) has set a new all-time high at $1370. This new record was preceded by the news that the Chinese investment bank China Renaissance will invest $600 million in a cryptocurrency related to Binance.
As of 15:40, BNB is trading around $1300, having increased by 5.5% in the last 24 hours. Since the beginning of the year, this cryptocurrency has more than doubled in price and, after reaching $1000 about a month ago, continues to set new all-time highs.
Earlier, it became known that China Renaissance plans to raise $600 million to create a public company in the USA that will form a crypto reserve in BNB tokens. According to Bloomberg, of this amount, $200 million will be invested by the bank itself and the investment company YZi Labs (formerly Binance Labs), owned by Binance founder Changpeng Zhao.#bnb
