BREAKING
213d 18h ago

Huaxing Capital to Invest $100M in BNB, Partners with YZi Labs to Boost BNB Chain Ecosystem and Pursue Hong Kong Listing

BNB

BNB/USDT

$628.87
-2.07%
24h Volume

$391,790,158.91

24h H/L

$642.68 / $622.72

Change: $19.96 (3.21%)

Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$628.87

-0.29%

Volume (24h): -

Resistance Levels
Resistance 3$687.82
Resistance 2$652.3662
Resistance 1$630.2317
Price$628.87
Support 1$627.76
Support 2$614.6806
Support 3$598.6617
Pivot (PP):$629.7633
Trend:Downtrend
RSI (14):43.0

According to a Hong Kong Stock Exchange notice, Huaxing Capital has signed a strategic cooperation memorandum with YZi Labs to support applications across the BNB and BNB Chain ecosystems, establishing a framework for joint development and ecosystem integration.

The agreement features a strategic BNB special allocation led by Huaxing, with an intended investment of approximately $100 million in BNB assets, positioning the firm to pioneer a Hong Kong-listed approach to dedicated digital asset allocation under regulated parameters.

Complementary initiatives include the promotion of Web3 projects, facilitation of compliant BNB listings on regulated exchanges, and the establishment of a Real World Asset (RWA) fund to support growth-stage projects within the BNB Chain ecosystem.

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