The information from BNB is a bit overwhelming!
CEA Industries (a publicly listed company in the U.S.) has teamed up with 10X Capital for a major move, raising $500 million (including $400 million in cash and $100 million in cryptocurrency) to create a super treasury for the BNB ecosystem. It is said that if the warrants are fully exercised, they could bring in an additional $750 million in cash, which is quite significant!
The participating institutions are indeed impressive, led by YZi Labs, along with established crypto firms like Pantera Capital and exchange giants like Blockchain.com. Even Asia's top firm Kenetic is involved, with over 140 institutions flocking to participate—this lineup is unparalleled!
In simple terms, this $500 million is aimed at the BNB Chain ecosystem: it might be invested in high-quality DeFi and GameFi projects, helping to build infrastructure; or it could involve market making and staking, adding fuel to BNB's economic model.
With traditional capital and crypto funds betting together, isn't this clearly a sign of optimism for BNB's long-term value?
For us, BNB holders can look forward to an increase in demand for tokens as the ecosystem develops; projects on the BNB chain will also have opportunities, as financing and resources may tilt in this direction. #BNB创新高 $BNB
Following SUI, another public chain is being heavily backed by a listed company and venture capital, indicating that the “arms race” in public chain ecosystems is still heating up!
