BNB, formerly known as Binance Coin and the native token of the BNB chain, rose to a fresh record until early Monday and hit $ 860.
While it paired some of the winnings during the US session to trade about $ 840, it has still been the best priesting cryptocurrency over the last week in the top 10 at market value (except stableecoins) with a win of 9%. It also rose almost 3% over the last day, while most other major Cap Altcoin’s IKE ether (ETH), XRP (XRP) and Solana’s Sun (Sol) gave up all their progress overnight.
BNBS Better Ending was strengthened by several companies advertising plans to create Krypto state -box strategies, the latest trend on Wall Street, focusing on the BNB chain.
CEA Industries (VAPE), with support from Yzi Labs, Binance-Medter Changpen “CZ” Zhaos Family Office, raises $ 500 million in a private round from institutional investors aimed at becoming the largest US listed BNB Treasury Company. The Fundraising Agreement, which was revealed earlier Monday, could be expanded to $ 1.2 billion. The stock gathered over 700% on the news.
Nasdaq-Listed Biofarmaceutic Company Liminatus Pharma (Limn) also announced on Monday to form a subsidiary called “American BNB Strategy” with plans to invest as much as $ 500 million in BNB in the long term.
Before that, the pharmaceutical company Windtree Therapeutics (WINT) last week announced an up to $ 700 million obligation to BNB acquisitions. Meanwhile, tech company Nano Labs said on Monday that it bought 128,000 tokens worth over $ 100 million after announcing Crypto Treasury plans on Friday.
