💥$500 million invested in $BNB BNB! 140 institutions collectively enter the fray, adding more fuel to the public chain arms race
The BNB ecosystem welcomes a significant capital injection, upgrading the public chain arms race
CEA Industries (a publicly listed company in the US) partners with 10X Capital to make a bold move—jointly raising $500 million to create a super treasury for the BNB ecosystem, which includes $400 million in cash and $100 million in cryptocurrency. Even more noteworthy, if the warrants are fully exercised, an additional $750 million in cash will be injected, making the capital scale truly “top-tier”.
The roster of institutions involved in this financing is dazzling: led by YZi Labs, with long-established giants in the crypto space like Pantera Capital, leading exchange Blockchain.com, and top Asian institution Kenetic among over 140 institutions participating, showcasing the market's high recognition of the BNB ecosystem.
This enormous capital will be precisely directed towards the BNB Chain ecosystem: on one hand, it aims at high-quality DeFi and GameFi projects to support infrastructure development; on the other hand, it may inject new vitality into the BNB economic model through actions like market-making and staking. The collaboration between traditional capital and crypto funds undoubtedly releases a clear signal of long-term optimism for BNB's value.
For ordinary users, BNB holders can expect an increase in token demand brought by ecosystem prosperity; while project parties on the BNB chain can look forward to more financing and resource allocation. Following SUI, another public chain receives heavy backing from a listed company and venture capital, clearly indicating that the “arms race” of public chain ecosystems continues to heat up. #BNB创新高 #内容挖矿
The BNB ecosystem welcomes a significant capital injection, upgrading the public chain arms race
CEA Industries (a publicly listed company in the US) partners with 10X Capital to make a bold move—jointly raising $500 million to create a super treasury for the BNB ecosystem, which includes $400 million in cash and $100 million in cryptocurrency. Even more noteworthy, if the warrants are fully exercised, an additional $750 million in cash will be injected, making the capital scale truly “top-tier”.
The roster of institutions involved in this financing is dazzling: led by YZi Labs, with long-established giants in the crypto space like Pantera Capital, leading exchange Blockchain.com, and top Asian institution Kenetic among over 140 institutions participating, showcasing the market's high recognition of the BNB ecosystem.
This enormous capital will be precisely directed towards the BNB Chain ecosystem: on one hand, it aims at high-quality DeFi and GameFi projects to support infrastructure development; on the other hand, it may inject new vitality into the BNB economic model through actions like market-making and staking. The collaboration between traditional capital and crypto funds undoubtedly releases a clear signal of long-term optimism for BNB's value.
For ordinary users, BNB holders can expect an increase in token demand brought by ecosystem prosperity; while project parties on the BNB chain can look forward to more financing and resource allocation. Following SUI, another public chain receives heavy backing from a listed company and venture capital, clearly indicating that the “arms race” of public chain ecosystems continues to heat up. #BNB创新高 #内容挖矿
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BNB
836.89
-0.79%