Monetary methods have been adopted in cryptocurrencies similar to Bitcoin (BTC), Ethereum (ETH) and XRP, however Binance Coin (BNB) has not too long ago joined the development.
Due to this fact, Nano Labs, a cryptocurrency mining chip design firm registered with NASDAQ, has included BNB as a part of its monetary technique.
In line with an official assertion, Chinese language firm Nano Labs has signed a $500 million convertible bond settlement for the acquisition of BNB.
The corporate values BNB safety and worth and plans to buy as much as $1 billion price of BNB, with a goal of 5-10% of complete distribution provide in the long run.
CZ additionally congratulated Nano Labs' BNB Transfer and posted:
“Nano Labs Ltd has introduced the transfer by BNB, and personal strategic reserves have gotten public corporations. They’ve introduced $500 million to BNB.
Inventory costs are rising sharply. We (my affiliate) didn’t take part on this spherical, however we’re extraordinarily supportive.
This isn’t monetary recommendation! ”
Nano Labs Ltd (NASDAQ: NA) will change into a $BNB-only strategic reserve public Co, bringing $500 million to BNB. 👏
Their inventory worth went by way of the roof. We (my associated entity) didn’t take part on this spherical, however are extraordinarily supportive.
Not monetary recommendation! https://t.co/2ulq6ngdbg
– CZ🔶BNB (@CZ_BINANCE) June 24, 2025
*This isn’t funding recommendation.
