BNB Surges to Record $963, Market Cap Hits $133.7B Surpassing UBS as CZ’s 89.1M BNB Is Valued at $855B

According to COINOTAG News on September 17 and 8market data, BNB reached a record high near $963, with an estimated market capitalization of about $133.7 billion, temporarily surpassing UBS and ranking roughly 165th among global mainstream assets by market cap.

Cointelegraph, citing a June 2024 Forbes report, estimated that CZ held approximately 89.1 million BNB; at a prevailing price around $960 per token, that stake would be valued at roughly $85.5 billion, highlighting concentration risk associated with issuer-linked holdings.

Market participants attributed the price appreciation to regulatory headlines and executive signaling; prudent investors should consider volatility, liquidity dynamics and evolving regulatory developments when evaluating valuation and portfolio exposure to Binance-related assets.