Binance founder CZ reacts as hedge fund execs plan 100 million BNB buy

A group of former crypto hedge fund executives aims to raise 100 million USD for a BNB token purchase, marking a potential shift in institutional interest towards BNB.

Changpeng Zhao, founder of Binance, endorsed the plan, clarifying that BNB is a public blockchain asset detached from Binance Holdings Ltd.

The trend of companies accumulating cryptocurrencies is rising, with BNB following Bitcoin and Ethereum in growing corporate reserves, reflecting a deeper institutional acceptance.

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