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China Renaissance Seeks $600M for BNB Treasury with YZi Investment
China Renaissance Holdings Ltd. aims to raise $600 million for a new digital-asset treasury company focused on accumulating BNB, the native token of Binance. This initiative will establish a publicly traded company in the US.
Investment Details
- YZi Labs, linked to Binance co-founder Changpeng Zhao, plans to invest alongside China Renaissance.
- China Renaissance and YZi Labs intend to contribute $200 million, with the bank providing $100 million.
- The remaining funds will be sourced from institutional investors.
BNB Accumulation Strategy
- The model resembles the "crypto hoarding" strategy, popularized by acquisitions of Bitcoin by entities like Strategy Inc.
- BNB has surged, reaching a high of $1,370.55 in 2025.
Market Trends
- BNB accumulation is gaining popularity after Bitcoin and Ethereum.
- CEA Industries now holds 480,000 BNB, valued at $663 million, aiming for 1% of BNB’s supply by year-end.
- Applied DNA Sciences raised $58 million for a BNB treasury through a PIPE offering, rebranding as BNBX for a DeFi yield strategy.