According to the announcement from the Hong Kong Stock Exchange, Huaxing Capital has announced the signing of a strategic cooperation memorandum with YZi Labs Management Ltd, planning to carry out in-depth cooperation around the BNB and BNB Chain ecosystem.
According to the memorandum, Huaxing Capital will invest approximately $100 million for the special allocation of BNB assets, becoming the first Hong Kong-listed company to incorporate BNB into its digital asset allocation, and promoting the listing of BNB on licensed virtual asset exchanges in Hong Kong.
What do you think this signifies?