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BNB’s MicroStrategy Moment? New Public Firm Bets $100M on Binance Token

  • Institutional crypto adoption is increasing as corporations diversify into digital assets to combat inflation.
  • Three former Coral Capital executives plan to raise $100 million through a Nasdaq-listed shell company to invest in BNB.
  • Build & Build Corporation will not purchase Bitcoin but will heavily invest in BNB, the native token of the BNB Chain.
  • Binance founder CZ Zhao confirmed awareness of the initiative but stated no involvement from Binance as BNB is a public blockchain token.
  • This move represents one of the first public company efforts to establish BNB as a reserve currency, following the MicroStrategy model in a different ecosystem.
  • Build & Build Corporation aims to become a long-term holder of BNB, banking on its strength in DeFi, infrastructure, and transaction utility.
  • Trading on BloFin now offers incentives such as a MacBook, Apple Vision Pro, or a $9,400 Rolex based on trading volume.

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