Huaxing Capital partners with YZi Labs, will invest approximately 100 million USD for special allocation of BNB assets

Mars Finance News, on August 22, according to the Hong Kong Stock Exchange announcement, Huaxing Capital announced a strategic cooperation memorandum with YZi Labs to support the application of BNB and the BNB Chain ecosystem, and to establish a mutually empowering cooperative relationship. The cooperation includes: a strategic BNB special allocation led by Huaxing Capital: the company will invest approximately 100 million USD for the special allocation of BNB assets, aiming to become the first Hong Kong-listed company to include BNB in its special digital asset allocation; promoting Web3 ecosystem-related initiatives and facilitating the compliance listing of BNB on exchanges; promoting Real World Assets (RWA) funds and BNB Chain ecosystem projects.