Former executives of Coral Capital plan to create a BNB treasury company, merging with a NASDAQ-listed firm to raise 100 million USD. This initiative aims to boost BNB’s market profile as a blue-chip asset, with Changpeng Zhao endorsing the strategy.
The BNB Chain is thriving, solidifying its status with significant transaction volume. Currently valued at approximately 624.46 USD, BNB’s stable trading activity shows strong interest among holders and a growing ecosystem with various DeFi initiatives.
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