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SUI Bounces from Key Support as Nasdaq-Listed Lion Group Eyes Treasury Purchase!
Good news for SUI holders! The SUI token has seen a notable rebound from its key support level, buoyed by exciting news from traditional finance. Nasdaq-listed Lion Group Holding Ltd. (LGHL), a Singapore-based firm, has announced its intention to acquire SUI tokens as part of a significant $600 million crypto treasury strategy.
This move by a publicly traded company signals increasing institutional confidence in the SUI ecosystem and the broader Layer-1 blockchain space. Lion Group's plan is to diversify its digital asset holdings, with SUI (alongside HYPE and Solana) earmarked for inclusion in its treasury reserves. This strategic accumulation by a major player could provide substantial long-term stability and demand for SUI.
The announcement coincided with renewed buying interest in SUI, leading to a recovery in its price after a recent dip. While market volatility is always a factor, the backing from an institutional entity like Lion Group offers a compelling narrative for SUI's future trajectory and its role in the evolving digital asset landscape.
$SUI #crypto #LionGroup #NASDAQ #InstitutionalAdoption #Blockchain
Good news for SUI holders! The SUI token has seen a notable rebound from its key support level, buoyed by exciting news from traditional finance. Nasdaq-listed Lion Group Holding Ltd. (LGHL), a Singapore-based firm, has announced its intention to acquire SUI tokens as part of a significant $600 million crypto treasury strategy.
This move by a publicly traded company signals increasing institutional confidence in the SUI ecosystem and the broader Layer-1 blockchain space. Lion Group's plan is to diversify its digital asset holdings, with SUI (alongside HYPE and Solana) earmarked for inclusion in its treasury reserves. This strategic accumulation by a major player could provide substantial long-term stability and demand for SUI.
The announcement coincided with renewed buying interest in SUI, leading to a recovery in its price after a recent dip. While market volatility is always a factor, the backing from an institutional entity like Lion Group offers a compelling narrative for SUI's future trajectory and its role in the evolving digital asset landscape.
$SUI #crypto #LionGroup #NASDAQ #InstitutionalAdoption #Blockchain
Bitcoin
BTC $107.406,66 continues to consolidate in the $102,000 to $108,000 range and gold is lower by 2% today and roughly 7% from its record high. Meanwhile, the Nasdaq 100 has reached new all-time highs.
A couple of U.S. macroeconomic data points Friday morning — though nearly two months old at this point — might have added to the modestly negative tone for BTC and gold. Personal income in May came in at -0.4%, falling short of the expected increase of 0.3%. Personal spending month over month printed at -0.1%, missing the forecast of a 0.1% increase.
Maybe of more import to markets, the core PCE price index in the US, which excludes volatile food and energy prices and is the Federal Reserve's chosen gauge of underlying inflation, rose by 0.2% in May compared to expectations of a 0.1% increase. On a year-over-year basis, core PCE prices rose 2.7% versus 2.6% expected.
This data further supports the view that the economy may be heading toward stagflation. Noted goldbug and no-coiner Peter Schiff: "Traders continue to sell gold even as this morning's release of weak economic data and stronger-than-expected inflation data pushed the dollar index to new lows. Stagflation and a tanking dollar are bullish for gold, regardless of any superficial trade deals 'negotiated' by Trump."
#trump #NASDAQ #BTC #BTC110KToday? #NODEBinanceTGE
BTC $107.406,66 continues to consolidate in the $102,000 to $108,000 range and gold is lower by 2% today and roughly 7% from its record high. Meanwhile, the Nasdaq 100 has reached new all-time highs.
A couple of U.S. macroeconomic data points Friday morning — though nearly two months old at this point — might have added to the modestly negative tone for BTC and gold. Personal income in May came in at -0.4%, falling short of the expected increase of 0.3%. Personal spending month over month printed at -0.1%, missing the forecast of a 0.1% increase.
Maybe of more import to markets, the core PCE price index in the US, which excludes volatile food and energy prices and is the Federal Reserve's chosen gauge of underlying inflation, rose by 0.2% in May compared to expectations of a 0.1% increase. On a year-over-year basis, core PCE prices rose 2.7% versus 2.6% expected.
This data further supports the view that the economy may be heading toward stagflation. Noted goldbug and no-coiner Peter Schiff: "Traders continue to sell gold even as this morning's release of weak economic data and stronger-than-expected inflation data pushed the dollar index to new lows. Stagflation and a tanking dollar are bullish for gold, regardless of any superficial trade deals 'negotiated' by Trump."
#trump #NASDAQ #BTC #BTC110KToday? #NODEBinanceTGE
It's quite striking to see the Nasdaq not just recover, but actually break new ground. I've been keeping an eye on the markets, and the news that the Nasdaq index has officially surpassed its December 2024 peak to hit an all-time high is a significant development. It really highlights the strong underlying momentum, particularly in the tech sector, which continues to drive this index forward. It makes me wonder what factors are primarily fueling this sustained growth and if we'll see other major indices follow suit in the near future.#NASDAQ
BNB Breaks Into Wall Street: $100M Treasury Fund Set to Launch on NASDAQ
In a groundbreaking move for the cryptocurrency sector, a publicly traded company is preparing to establish a $100 million $BNB
treasury—marking the first time a NASDAQ-listed firm would adopt BNB as its primary treasury asset. As reported by Bloomberg on June 23, the strategy echoes Bitcoin-centric approaches pioneered by firms like MicroStrategy.
Leadership and Strategic Vision
Spearheading the initiative are former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Jonathan Pasch. The team is in the final stages of raising $100 million, with the goal of completing fundraising by the end of June. Once secured, the company plans to rebrand itself as Build & Build Corporation and begin acquiring BNB tokens as a long-term strategic reserve.
This mirrors MicroStrategy’s now-famous Bitcoin strategy that began in August 2020, which involved consistent accumulation across multiple market cycles.
BNB Market Reaction and Institutional Momentum
BNB’s price surged following the news on June 23, signaling strong market optimism in response to growing institutional interest in the token. The move is being viewed as a pivotal step forward in BNB’s evolution from an exchange-based utility token to a mainstream institutional asset.
Clarifying BNB’s Role and Origins
BNB was launched in 2017 through an initial coin offering (ICO) by Binance and serves as the native token of the BNB Chain blockchain ecosystem. While Bloomberg referred to BNB as a token "linked to Binance Holdings Ltd.," former Binance CEO Changpeng “CZ” Zhao clarified on platform X that BNB is the native asset of a public blockchain and is not directly controlled by Binance.
CZ welcomed the initiative, stating that although he is not involved, he supports the increasing institutional adoption of BNB as a strategic asset.
A Milestone for Crypto in Traditional Finance
If completed, this move will represent a major milestone in the integration of cryptocurrency into traditional financial infrastructure. With Bitcoin and Ethereum already established in corporate treasuries, BNB’s entrance signals a broader acceptance of blockchain-native assets within Wall Street strategies.
#BNB #CryptoAdoption #NASDAQ #BitcoinStrategy #BuildAndBuild
treasury—marking the first time a NASDAQ-listed firm would adopt BNB as its primary treasury asset. As reported by Bloomberg on June 23, the strategy echoes Bitcoin-centric approaches pioneered by firms like MicroStrategy.
Leadership and Strategic Vision
Spearheading the initiative are former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Jonathan Pasch. The team is in the final stages of raising $100 million, with the goal of completing fundraising by the end of June. Once secured, the company plans to rebrand itself as Build & Build Corporation and begin acquiring BNB tokens as a long-term strategic reserve.
This mirrors MicroStrategy’s now-famous Bitcoin strategy that began in August 2020, which involved consistent accumulation across multiple market cycles.
BNB Market Reaction and Institutional Momentum
BNB’s price surged following the news on June 23, signaling strong market optimism in response to growing institutional interest in the token. The move is being viewed as a pivotal step forward in BNB’s evolution from an exchange-based utility token to a mainstream institutional asset.
Clarifying BNB’s Role and Origins
BNB was launched in 2017 through an initial coin offering (ICO) by Binance and serves as the native token of the BNB Chain blockchain ecosystem. While Bloomberg referred to BNB as a token "linked to Binance Holdings Ltd.," former Binance CEO Changpeng “CZ” Zhao clarified on platform X that BNB is the native asset of a public blockchain and is not directly controlled by Binance.
CZ welcomed the initiative, stating that although he is not involved, he supports the increasing institutional adoption of BNB as a strategic asset.
A Milestone for Crypto in Traditional Finance
If completed, this move will represent a major milestone in the integration of cryptocurrency into traditional financial infrastructure. With Bitcoin and Ethereum already established in corporate treasuries, BNB’s entrance signals a broader acceptance of blockchain-native assets within Wall Street strategies.
#BNB #CryptoAdoption #NASDAQ #BitcoinStrategy #BuildAndBuild
🚨 BREAKING 🚨
🇺🇸 NASDAQ HITS A NEW ALL-TIME HIGH
📈 Markets are on fire!
⏳ Bitcoin is next in line...
📊 History shows $BTC loves to follow traditional market highs.
Are you positioned?
#bitcoin #NASDAQ #CryptoNews #Bullrun #BinanceSquare
$WCT $USDC
🇺🇸 NASDAQ HITS A NEW ALL-TIME HIGH
📈 Markets are on fire!
⏳ Bitcoin is next in line...
📊 History shows $BTC loves to follow traditional market highs.
Are you positioned?
#bitcoin #NASDAQ #CryptoNews #Bullrun #BinanceSquare
$WCT $USDC
#CMC Spotlight | 25 Jun 2025
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
#CMC Spotlight | 25 Jun 2025
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
#NASDAQ is approaching a key resistance zone on the weekly chart, testing previous highs. A breakout and successful retest of this level could confirm a continuation of the bullish trend. If rejected, a short-term pullback may occur before further upside. Traders should monitor for a clear breakout confirmation.
SharpLink Gaming Stock Surges After $30M Ethereum Purchase
SharpLink Gaming acquired 12,207 ETH for $30.67M, boosting its treasury to 188,478 ETH.
Stock rose 7% to $9.66 after the Ethereum purchase announcement.All ETH holdings are staked, yielding 120 ETH since June 2, 2025.SharpLink raised $27.7M via share sales to fund the acquisition.The company is the largest publicly traded Ethereum holder globally.
SharpLink Bolsters Ethereum Treasury with $30M Investment
SharpLink Gaming, a Nasdaq-listed company, acquired 12,207 Ethereum (ETH) for $30.67 million between June 16 and June 20, 2025, at an average price of $2,513 per token. This purchase increased its total holdings to 188,478 ETH, valued at approximately $457.4 million. The company’s stock surged 7% to $9.66 on June 24, reflecting strong investor confidence in its crypto-focused strategy. SharpLink now stands as the largest publicly traded Ethereum holder globally, trailing only the Ethereum Foundation, which holds 213,072 ETH.
The acquisition aligns with SharpLink’s pivot to treat Ethereum as its primary treasury reserve asset. The company raised $27.7 million by selling 2.54 million shares through an at-the-market offering to fund the purchase. This follows a $425 million fundraising round in May 2025, led by Consensys, to support its Ethereum treasury strategy. SharpLink’s board chairman, Joseph Lubin, emphasized the firm’s commitment to digital assets, stating, “Our increased Ethereum holdings aim to deliver sustained value for shareholders through innovative technologies.”
Staking Strategy Enhances Ethereum Holdings
SharpLink has staked 100% of its Ethereum holdings, generating 120 ETH in rewards since launching its crypto strategy on June 2, 2025. This staking approach supports Ethereum’s network security while yielding passive income. The company reported a 19% growth in ETH per share, showcasing its focus on maximizing shareholder value through blockchain integration. Unlike traditional treasury models, SharpLink actively deploys its ETH to capitalize on Ethereum’s proof-of-stake model.
The firm’s strategy mirrors MicroStrategy’s Bitcoin-focused approach but centers on Ethereum, positioning SharpLink as a pioneer among Nasdaq-listed companies. Despite a 24% revenue decline in the year to March 2025, the company’s shift to crypto has transformed its market perception. SharpLink’s stock, however, remains 87% below its May peak of $79.21, reflecting volatility in its transition to a crypto-centric model. The recent Ethereum purchase underscores growing institutional interest in digital assets, driven by Ethereum’s role in DeFi and smart contracts.
SharpLink’s move comes amid a broader market rally, with Ethereum trading at $2,448 on June 25, up 6.57% in 24 hours. Over 35 million ETH are currently staked, representing 28% of the total supply, signaling strong institutional confidence.
#EthereumPurchase #SharpLinkGaming #CryptoTreasury #EthereumStaking #Nasdaq
Stock rose 7% to $9.66 after the Ethereum purchase announcement.All ETH holdings are staked, yielding 120 ETH since June 2, 2025.SharpLink raised $27.7M via share sales to fund the acquisition.The company is the largest publicly traded Ethereum holder globally.
SharpLink Bolsters Ethereum Treasury with $30M Investment
SharpLink Gaming, a Nasdaq-listed company, acquired 12,207 Ethereum (ETH) for $30.67 million between June 16 and June 20, 2025, at an average price of $2,513 per token. This purchase increased its total holdings to 188,478 ETH, valued at approximately $457.4 million. The company’s stock surged 7% to $9.66 on June 24, reflecting strong investor confidence in its crypto-focused strategy. SharpLink now stands as the largest publicly traded Ethereum holder globally, trailing only the Ethereum Foundation, which holds 213,072 ETH.
The acquisition aligns with SharpLink’s pivot to treat Ethereum as its primary treasury reserve asset. The company raised $27.7 million by selling 2.54 million shares through an at-the-market offering to fund the purchase. This follows a $425 million fundraising round in May 2025, led by Consensys, to support its Ethereum treasury strategy. SharpLink’s board chairman, Joseph Lubin, emphasized the firm’s commitment to digital assets, stating, “Our increased Ethereum holdings aim to deliver sustained value for shareholders through innovative technologies.”
Staking Strategy Enhances Ethereum Holdings
SharpLink has staked 100% of its Ethereum holdings, generating 120 ETH in rewards since launching its crypto strategy on June 2, 2025. This staking approach supports Ethereum’s network security while yielding passive income. The company reported a 19% growth in ETH per share, showcasing its focus on maximizing shareholder value through blockchain integration. Unlike traditional treasury models, SharpLink actively deploys its ETH to capitalize on Ethereum’s proof-of-stake model.
The firm’s strategy mirrors MicroStrategy’s Bitcoin-focused approach but centers on Ethereum, positioning SharpLink as a pioneer among Nasdaq-listed companies. Despite a 24% revenue decline in the year to March 2025, the company’s shift to crypto has transformed its market perception. SharpLink’s stock, however, remains 87% below its May peak of $79.21, reflecting volatility in its transition to a crypto-centric model. The recent Ethereum purchase underscores growing institutional interest in digital assets, driven by Ethereum’s role in DeFi and smart contracts.
SharpLink’s move comes amid a broader market rally, with Ethereum trading at $2,448 on June 25, up 6.57% in 24 hours. Over 35 million ETH are currently staked, representing 28% of the total supply, signaling strong institutional confidence.
#EthereumPurchase #SharpLinkGaming #CryptoTreasury #EthereumStaking #Nasdaq
#NASDAQ is approaching a key resistance zone on the weekly chart, testing previous highs. A breakout and successful retest of this level could confirm a continuation of the bullish trend. If rejected, a short-term pullback may occur before further upside. Traders should monitor for a clear breakout confirmation.
#CMC Spotlight | 25 Jun 2025
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
Let's break down the top stories that actually matter:
Bitcoin derivatives traders dumped positions as global tension triggered the largest deleveraging event since August 2024. What does this mean for Bitcoin price?
#NASDAQ listed Nano Labs plans to raise $500 million specifically to buy BNB tokens for their corporate treasury. Who else is buying BNB for their treasury?
#DigitalAssets raised $135 million from DRW Venture Capital, Tradeweb Markets, BNP Paribas, Citadel Securities, and DTCC. Why are institutions prioritizing blockchain privacy?
Three billion Mastercard users can now buy crypto directly on decentralized exchanges through a new #Chainlink partnership. How did the market react to the partnership?
Truth Social filed with #NYSE Arca to launch a combined Bitcoin and Ethereum ETF. But why is a social media platform jumping into crypto ETFs?
$BTC $ETH $BNB
🚨 NOW: Aurora Mobile (Nasdaq) Is Going Crypto 📊
The board of Aurora Mobile, a Nasdaq-listed company, just approved a bold digital asset strategy:
➡️ Up to 20% of its cash and equivalents will be allocated to $BTC , $ETH , $SOL, $SUI and other top crypto assets.
💼 This isn’t just a treasury move — it’s a clear bet on the future of decentralized finance.
⚡ Why It Matters:
— Another public company joins the crypto wave
— Traditional firms are now hedging with Bitcoin & Ethereum
— $SOL and $SUI onboard = not just “blue chips” anymore
— Web3 adoption hitting real-world balance sheets
🔥 This move sparked huge buzz in the crypto community — and it’s just the beginning.
🧠 How long before this becomes the new corporate standard?
#CryptoNews #Bitcoin #ETH #SOL #SUI #AuroraMobile #DeFiAdoption #DigitalAssets #Nasdaq $BTC $ETH
The board of Aurora Mobile, a Nasdaq-listed company, just approved a bold digital asset strategy:
➡️ Up to 20% of its cash and equivalents will be allocated to $BTC , $ETH , $SOL, $SUI and other top crypto assets.
💼 This isn’t just a treasury move — it’s a clear bet on the future of decentralized finance.
⚡ Why It Matters:
— Another public company joins the crypto wave
— Traditional firms are now hedging with Bitcoin & Ethereum
— $SOL and $SUI onboard = not just “blue chips” anymore
— Web3 adoption hitting real-world balance sheets
🔥 This move sparked huge buzz in the crypto community — and it’s just the beginning.
🧠 How long before this becomes the new corporate standard?
#CryptoNews #Bitcoin #ETH #SOL #SUI #AuroraMobile #DeFiAdoption #DigitalAssets #Nasdaq $BTC $ETH
🚀 Futures Surge on Israel/Iran Ceasefire News! 🌍
Nasdaq 100 futures +1.1% 📈
Markets are rallying as tensions in the Middle East ease.
#StockMarket #Futures #NASDAQ #IsraelIran #CryptoNews #CryptoMarket #Investing
Nasdaq 100 futures +1.1% 📈
Markets are rallying as tensions in the Middle East ease.
#StockMarket #Futures #NASDAQ #IsraelIran #CryptoNews #CryptoMarket #Investing
🚀 $BNB Makes Wall Street Debut with $100M Treasury Plan!
Big news! A group of former hedge fund execs are planning to raise $100 million to invest in BNB and list it on NASDAQ. This move could make BNB the first crypto besides Bitcoin to be held as a public company’s treasury reserve.
---
💰 $100M BNB Treasury Coming Soon
According to Bloomberg, former Coral Capital execs are working to turn a NASDAQ-listed company into Build & Build Corporation, aiming to buy and hold BNB — just like MicroStrategy did with Bitcoin.
---
🏦 BNB to Be Held as Treasury Asset — A First on NASDAQ
Once the funds are raised, this could become the first publicly traded company to make BNB its main treasury asset. Big step forward for mainstream crypto adoption!
---
📈 BNB Price Jumps After Big News Drops
BNB’s price saw a bump following the June 23 announcement, showing investor confidence in this bold strategy. More big players may follow.
---
🤔 CZ Responds: BNB is Public, Not Just Binance
While Bloomberg called BNB “linked to Binance,” CZ clarified that BNB is the native token of a public blockchain. He supports this treasury move, saying many companies plan to do the same — but not because of him.
---
#BNB #Binance #NASDAQ #CryptoNews #CZ
Big news! A group of former hedge fund execs are planning to raise $100 million to invest in BNB and list it on NASDAQ. This move could make BNB the first crypto besides Bitcoin to be held as a public company’s treasury reserve.
---
💰 $100M BNB Treasury Coming Soon
According to Bloomberg, former Coral Capital execs are working to turn a NASDAQ-listed company into Build & Build Corporation, aiming to buy and hold BNB — just like MicroStrategy did with Bitcoin.
---
🏦 BNB to Be Held as Treasury Asset — A First on NASDAQ
Once the funds are raised, this could become the first publicly traded company to make BNB its main treasury asset. Big step forward for mainstream crypto adoption!
---
📈 BNB Price Jumps After Big News Drops
BNB’s price saw a bump following the June 23 announcement, showing investor confidence in this bold strategy. More big players may follow.
---
🤔 CZ Responds: BNB is Public, Not Just Binance
While Bloomberg called BNB “linked to Binance,” CZ clarified that BNB is the native token of a public blockchain. He supports this treasury move, saying many companies plan to do the same — but not because of him.
---
#BNB #Binance #NASDAQ #CryptoNews #CZ
🔥 BNB Goes Wall Street — $100M Treasury Fund Set to Launch on NASDAQ!
Bloomberg said the investment will be made by a public business.
The new BNB Treasury would emulate Bitcoin-focused enterprises like Strategy₿.
BNB price rose after June 23's release.
Bloomberg claims that a publicly traded corporation may soon have a BNB Treasury. Complete information on the major BNB investment are here.
Hedge Fund Executives Raise $100M for BNB Treasury
Bloomberg reported on June 23 that crypto hedge fund executives are in advanced discussions to raise $100 million for BNB token investments.
The magazine said that plan₿, previously MicroStrategy, had a similar plan, bought Bitcoin in August 2020 and accumulating it despite market volatility.
According to Bloomberg News' investor document, Patrick Horsman, Joshua Kruger, and Jonathan Pasch are former Coral Capital Holdings executives.
After obtaining funds by June, the team plans to rebrand the NASDAQ-listed firm “Build & Build Corporation” and start collecting BNB tokens.
First Company to Hold BNB as Treasury
The same newspaper said that the business will be the first NASDAQ entity to have BNB as its principal treasury asset.
Binance developed the BNB coin, formerly the Binance Coin, in 20217 via an ICO. The company's founding members, including former CEO CZ, received 80 million BNB worth approximately $50 billion on June 23, according to a 2017 whitepaper, Bloomberg reported. Binance was launched using ICO funds.
Bloomberg first called BNB “a token linked to Binance Holdings Ltd.”, but CZ corrected via X that BNB is a public blockchain native currency, not “linked” to Binance or the Binance crypto exchange.
However, he praised this endeavor and indicated that many firms worldwide intend to do similar, but none are pushed by him or Binance. However, he supported such actions.
#CZ #BNB #NASDAQ $BNB #Binance
Bloomberg said the investment will be made by a public business.
The new BNB Treasury would emulate Bitcoin-focused enterprises like Strategy₿.
BNB price rose after June 23's release.
Bloomberg claims that a publicly traded corporation may soon have a BNB Treasury. Complete information on the major BNB investment are here.
Hedge Fund Executives Raise $100M for BNB Treasury
Bloomberg reported on June 23 that crypto hedge fund executives are in advanced discussions to raise $100 million for BNB token investments.
The magazine said that plan₿, previously MicroStrategy, had a similar plan, bought Bitcoin in August 2020 and accumulating it despite market volatility.
According to Bloomberg News' investor document, Patrick Horsman, Joshua Kruger, and Jonathan Pasch are former Coral Capital Holdings executives.
After obtaining funds by June, the team plans to rebrand the NASDAQ-listed firm “Build & Build Corporation” and start collecting BNB tokens.
First Company to Hold BNB as Treasury
The same newspaper said that the business will be the first NASDAQ entity to have BNB as its principal treasury asset.
Binance developed the BNB coin, formerly the Binance Coin, in 20217 via an ICO. The company's founding members, including former CEO CZ, received 80 million BNB worth approximately $50 billion on June 23, according to a 2017 whitepaper, Bloomberg reported. Binance was launched using ICO funds.
Bloomberg first called BNB “a token linked to Binance Holdings Ltd.”, but CZ corrected via X that BNB is a public blockchain native currency, not “linked” to Binance or the Binance crypto exchange.
However, he praised this endeavor and indicated that many firms worldwide intend to do similar, but none are pushed by him or Binance. However, he supported such actions.
#CZ #BNB #NASDAQ $BNB #Binance
fanny Costa:
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