Beijing-based boutique investment bank China Renaissance Holdings Ltd. is seeking to raise nearly $600 million to establish a U.S.-listed digital asset treasury vehicle centered on BNB, the native token of the Binance ecosystem.
Institutional Push Into BNB Assets
According to sources cited by Bloomberg,earlier this year, the firm announced a $100 million strategic investment in BNB through a partnership with YZi Labs, a digital asset advisory platform tied to the family office of Binance co-founder Changpeng Zhao.
Last week, YZi Labs announced a $1 billion Builder Fund to accelerate innovation across the BNB Chain ecosystem, making it one of the largest ecosystem growth initiatives in recent months.
The new fundraising round aims to create a publicly traded company that actively manages and holds BNB, offering institutional investors regulated exposure to the world’s thrd largest crypto.
The proposed treasury vehicle is expected to be jointly capitalized by China Renaissance and YZi Labs, with both parties contributing a substantial initial investment.
Additional funding would come from institutional backers in Asia and the U.S., according to reports.
The plan underscores growing momentum among traditional financial institutions in Hong Kong and mainland China to participate in tokenized assets and decentralized finance opportunities.
Broader Institutional Trend
The planned raise reflects a broader shift in traditional finance, where established firms are beginning to incorporate digital assets into their core investment strategies.
Companies such as CEA Industries and Windtree Therapeutics have recently launched BNB-backed treasury vehicles.
BNB Season Gains Momentum
BNB Chain is showing strong momentum, with rapid price moves and increased user activity, according to on-chain analytics platform Artemis.
The trend started with Aster’s “Perp Meta 2.0” launch and has spread across several tokens, including the memecoin “4”, which surged over 100% last week, and GIGGLE, up more than 90%.
PancakeSwap, the top decentralized exchange on BNB Chain, saw trading volumes climb 33% month over month, capturing 34% of total DEX activity tracked by Artemis.
While This Matters
While formal confirmation from China Renaissance is still pending, the proposed $600 million raise could mark one of the largest institutional commitments to BNB to date.
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People Also Ask:
BNB is the native cryptocurrency of the BNB Chain, originally associated with Binance. It is used for transactions, staking, and ecosystem governance.
A crypto treasury is a fund or corporate reserve that actively holds digital assets like BNB to manage liquidity, earn returns, or gain institutional exposure.
BNB treasuries allow firms to diversify corporate holdings, participate in blockchain growth, and offer regulated exposure to a major cryptocurrency.
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