$BNB China Renaissance Plans $600M Raise for U.S.-Listed BNB Treasury Firm
As reported by Bloomberg, China Renaissance is in discussions to raise $600 million to launch a BNB-focused treasury company that will be listed in the United States. The initiative aims to strengthen institutional involvement within the Binance ecosystem.
YZI Labs (formerly Binance Labs) is said to be participating in the effort — signaling a renewed wave of collaboration between Chinese financial institutions and BNB-linked organizations. China Renaissance, a Beijing-based investment bank listed in Hong Kong, has been steadily expanding its footprint in digital asset infrastructure.
Back in August 2025, the bank entered a strategic partnership with YZI Labs, committing $100 million to BNB. This new fundraising effort could represent the beginning of a broader institutional push surrounding the token.
Could this $600M initiative mark the comeback of major institutional capital to BNB — and potentially spark a new phase of ecosystem growth and liquidity expansion?