BNC Becomes World’s Largest Corporate BNB Holder
The post BNC Becomes World’s Largest Corporate BNB Holder appeared first on Coinpedia Fintech News
Nasdaq-listed BNC, formerly known as VAPE, has purchased 200,000 BNB tokens worth $160 million, becoming the largest corporate holder of BNB worldwide. This purchase was funded by a $500 million private placement led by 10X Capital and YZi Labs. BNC plans to keep buying BNB, potentially increasing investment up to $1.25 billion through warrants. The company is focusing its treasury strategy entirely on BNB, aiming to strengthen institutional exposure to the Binance Coin ecosystem.
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BNC Becomes World’s Largest Corporate BNB Holder
The post BNC Becomes World’s Largest Corporate BNB Holder appeared first on Coinpedia Fintech News
Nasdaq-listed BNC, formerly known as VAPE, has purchased 200,000 BNB tokens worth $160 million, becoming the largest corporate holder of BNB worldwide. This purchase was funded by a $500 million private placement led by 10X Capital and YZi Labs. BNC plans to keep buying BNB, potentially increasing investment up to $1.25 billion through warrants. The company is focusing its treasury strategy entirely on BNB, aiming to strengthen institutional exposure to the Binance Coin ecosystem.
Read More
OnePay to Enable Crypto Trading and Spending in Walmart App