Hedge Fund Executives Target $100M Raise For BNB Treasury Strategy
A group of former Coral Capital executives are planning to raise around $100 million to invest in Binance’s BNB token through a new entity, Build & Build Corporation, which aims to list on Nasdaq. This move mirrors Saylor’s Bitcoin-focused strategy with his firm Strategy and marks a notable shift toward institutional investment in BNB.
Source: Cointelegraph