PANews June 24 - According to Bloomberg, former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch are advancing a $100 million fundraising plan, intending to invest in the Binance platform's token BNB through a Nasdaq-listed company they control. The team plans to complete the fundraising this month and rename the listed company to Build & Build Corporation, and begin establishing a BNB reserve. This will become the first publicly traded company with BNB as its core reserve asset.
Previously, news from yesterday reported that CZ responded to the expansion of the BNB market, emphasizing that BNB has no direct connection to Binance.