$BNB Token Rallies to Record High as CEA Industries Raises $500M for Treasury Strategy
Several listed companies announced plans to create BNB crypto treasuries recently, including CEA Industries (VAPE), teaming up with Binance founder CZ's family office.
What to know:
- BNB, the fourth-largest cryptocurrency, outperformed other tokens rallying to a fresh all-time high.
- Several U.S.-listed companies announced plans to acquire BNB for their crypto treasury strategy, bolstering its performance.
- CEA Industries rallied 700% on Monday on raising $500 million for its BNB treasury with the participation of Binance co-founder Changpeng Zhao's family office, Yzi Labs