A group of hedge fund executives wants to raise 100 million USD for purchasing BNB, Binance’s native token, via a public company, which will be renamed Build & Build Corporation. This initiative marks a significant trend of corporations integrating cryptocurrencies as treasury assets.
Binance continues to dominate altcoin deposits, reinforcing the growing relevance of exchange tokens. However, legal challenges may arise from this strategy, requiring firms to manage exposure to volatility and regulatory scrutiny associated with holding BNB.
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