PANews, August 11 news, according to Globenewswire reports, the publicly listed company CEA Industries Inc. (NASDAQ stock code: BNC) announced that its fund management business BNB Network Company has purchased 200,000 BNB tokens, becoming the largest holder of BNB in the world. Prior to this acquisition, the company completed a $500 million private placement, led by 10X Capital, and collaborated with YZi Labs to support a BNB-centric funding strategy—BNB has now become the company's main reserve asset.
