#China Renaissance Targets $600M for $BNB Treasury, Bloomberg Reports


Hong Kong-listed investment bank China Renaissance is negotiating to raise $600 million for a U.S.-listed vehicle dedicated to accumulating $BNB, according to Bloomberg sources. YZi Labs, the family office of co-founder Changpeng Zhao, plans to participate in the initiative.


The proposed structure would establish a publicly traded company in the United States specifically designed to buy and hold the #BNBChain's native token. Combined commitments from China Renaissance and #YZiLabs total $200 million of the fundraising target.


If completed, the vehicle would represent one of the largest single institutional bets on $BNB by a publicly listed entity. CEA Industries currently leads $BNB-focused #treasuries among public companies with 480,000 tokens and $663 million in combined holdings.


China Renaissance previously announced plans to invest approximately $100 million in $BNB through strategic cooperation with YZi Labs. The move positioned the Beijing-based firm as the first Hong Kong-listed entity to explicitly include the token in proprietary holdings.


The fundraiser follows the digital asset treasury model pioneered by Bitcoin-focused companies that have attracted billions in capital throughout 2025. Corporate #crypto accumulation strategies have gained momentum as institutional interest expands.

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October 13, 2025 at 5:06 PM
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