Binance Coin Listed on Hong Kong’s OSL HK Exchange as Fifth Approved Crypto

1 min

Binance has launched Binance Coin (BNB) trading in Hong Kong via OSL HK, marking it as the fifth approved cryptocurrency on a licensed exchange in the region. The listing responds to rising institutional demand for cryptocurrencies.

Key Details

  • Trading started on September 3, 2025, with pairs BNB/USD, BNB/USDT, and BNB/USDC available only to Professional Investors.
  • BNB is recognized for its utility and efficiency, contributing to the bridging of traditional finance and digital assets.
  • Current BNB price is $853.71, down 0.53% in 24 hours but up 12.61% over the last month, with a market cap of $118.83 billion.

Institutional Adoption

  • Nano Labs’ CEO Jianping Kong purchased 480,000 Class A shares as part of a strategy to use BNB as a primary reserve asset.
  • REX Shares and Osprey Funds have filed for a BNB staking ETF, indicating growing interest among institutional investors.
  • Analysts anticipate BNB could reach $1,000 soon, following a significant resistance level flip.

Original publication

Authors credited by the source: Godfrey Benjamin

Published by Holder based on an external source.