BNB Smashes $800 Barrier: What This Crypto Surge Means for Your Portfolio and the Market’s Next Big Move
Nasdaq-listed Nano Labs expanded its BNB holdings to 120,000 tokens, valued at approximately $90 million. The company acquired an additional 45,684.9862 BNB through OTC transactions at an average price of $764 per token, with a total average purchase cost of $707 per token.
Institutional momentum is building elsewhere, too. YZi Labs, the family office of Binance co-founder Changpeng Zhao, is supporting 10X Capital’s launch of a BNB treasury firm targeting a US public listing. The venture, to be headed by David Namdar, aims to provide institutional investors with BNB token exposure.
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