AVAX and BNB Secure Major Institutional Backing Amid Market Declines

Avalanche (AVAX) and Binance's BNB: Institutional Adoption Highlights

Avalanche and BNB are gaining traction in institutional markets despite recent price drops.
AgriFORCE Growing Systems Ltd plans to rebrand as AVAX One, becoming the first NASDAQ-listed company dedicated to Avalanche.
AVAX One is preparing a $550 million capital raise strategy to accumulate over $700 million worth of AVAX tokens.
Avalanche is viewed as an institutional-grade settlement layer with $6.2 billion in staked assets.
The company's strategy includes short-term accumulation of AVAX and long-term fintech business onboarding.
Key investors include ParaFi, Galaxy Digital, Digital Currency Group, Kraken, and HashKey Capital.

BNB's Institutional Moves

CEA Industries Inc., now BNB Network Company, announced a $500 million common equity PIPE and up to $750 million in warrants for BNB.
CEO David Namdar aims to compound BNB ownership per share, drawing parallels to early Bitcoin strategies.
Since August, BNB surged 35.6%, leading to a 47.5% year-to-date gain.
BNC is purchasing BNB daily, supported by a $250 million share repurchase program to increase BNB concentration per share.