🟡 BNB is becoming a new object of institutional interest — the 'treasury token' strategy is going public
Alternative cryptocurrency savings strategies are receiving a new impulse: hedge fund veterans, including Patrick Horsman, Joshua Kruger, and Jonathan Pascha, plan to raise $100 million to purchase BNB — the token of the Binance ecosystem.
According to Bloomberg, former Coral Capital executives are creating a public company, Build & Build Corp., with the ambitious goal of making it the first publicly traded company to hold BNB as its primary treasury asset. This will allow investors to gain indirect exposure to BNB through the stock market — a strategy inspired by MicroStrategy's model and Michael Saylor, but with a focus on broader crypto diversification.
🔸 “BNB is the native token of a public blockchain, not directly tied to Binance Holdings or Binance CEX. But we fully support the initiative,” noted Changpeng Zhao (CZ), commenting on the news on X.
💬 Later he added: “The BNB strategy is already approaching companies around the world.”
