CEA Industries has successfully closed a 500 million USD financing round to fund a new treasury centered on BNB, attracting interest from over 140 subscribers, including prominent firms like YZi Labs and Pantera Capital.
The company plans to make BNB its primary reserve asset, potentially becoming the largest corporate holder of BNB, alongside a rebranding to BNB Network Company.
Currently, BNB’s price has seen a nearly 2% decline, testing support levels at 745 USD following a decrease from its all-time high. Market trends indicate a growing interest in altcoin-focused treasuries.
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