📌 China Renaissance (CR) – a financial group listed in Hong Kong – has just signed a strategic partnership with YZi Labs to invest approximately $100M in BNB. This will be the first HK-listed company to hold a dedicated portfolio for BNB.

📌 CR shares surged +10%, BNB increased +4.4% reaching ~899 USD before cooling down around 882 USD.

📌 If the deal is completed, this could pave the way for traditional institutional capital from Hong Kong to penetrate deeper into the BNB/Web3 ecosystem.

👉 This news is not only a short-term price boost but also a signal of legitimization for BNB in the eyes of financial institutions. $BNB