BNB Hits $858 as Corporate Treasuries Fuel Record Surge


BNB Hits $858 as Corporate Treasuries Fuel Record Surge
Image source: CoinToday
- BNB reaches all-time high of $858, entering historic price discovery zone - Surge fueled by major corporate treasury investments and Yzi Labs support BNB, the native token of the BNB Smart Chain, soared to a record-breaking $858 on July 28, 2025. This rally, fueled by a wave of corporate treasury initiatives, signals a historic price discovery phase as publicly traded companies disclosed plans to acquire significant amounts of BNB, reflecting growing institutional confidence in the token’s ecosystem. On July 28, Cryptopolitan reported that Nasdaq-listed CEA Industries (VAPE) unveiled its plan to establish the largest publicly held BNB treasury. CEA plans to raise up to $1.25 billion through a private investment in public equity (PIPE) fundraiser, which will begin with $500 million, with an additional $750 million tied to warrant exercises. This initiative was supported by Yzi Labs and 10X Capital and triggered a staggering 600% surge in CEA’s stock price, underscoring the market's enthusiastic response to its BNB strategy. Separately on July 28, Mitrade revealed that Liminatus Pharma (LIMN), a preclinical-stage biopharmaceutical company, initiated its own treasury program. The company will secure $500 million for BNB acquisitions through its new subsidiary, “American BNB Strategy,” identifying this move as a long-term investment in the BNB ecosystem's growth potential. The company also announced it will safeguard its holdings with Binance’s Ceffu custodial service. In parallel, according to GlobeNewswire on July 28, Windtree Therapeutics (WINT) disclosed significant funding progress for its BNB acquisitions, raising up to $520 million. This funding combines a $500 million equity line of credit with a $20 million stock purchase agreement. The firm will allocate 99% of these funds to BNB purchases, a decision that clearly illustrates rising institutional interest in the asset. Additionally, Cryptopolitan reported on July 28 that Web 3.0 infrastructure leader NanoLabs (NA) increased its BNB holdings to 128,000 tokens, now valued at over $108 million. The company recently acquired 8,000 BNB tokens at an average cost of $713 each. Moving forward, NanoLabs plans to expand its BNB holdings to $1 billion as part of its broader strategic goals. Binance’s Yzi Labs played a crucial role by facilitating these large-scale acquisitions and helping to bridge activity between the cryptocurrency and equity markets. This support underscores Binance's growing influence in advancing the institutional adoption of digital assets. As of 21:08 UTC on July 28, BNB (BNB) traded at $825.317, a slight 0.78% dip over the past 24 hours. Despite this marginal fluctuation, the 24-hour trading volume surged by 28.707%, signaling heightened investor activity.
Article Info
Category
Market
Published
2025-07-28 21:15
NFT ID
PENDING
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