BREAKING
171d 17h 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

$647.23
+1.19%
24h Volume

$689,589,079.15

24h H/L

$655.51 / $637.61

Change: $17.90 (2.81%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

-0.0064%

Shorts pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$647.24

0.04%

Volume (24h): -

Resistance Levels
Resistance 3$771.4076
Resistance 2$715.455
Resistance 1$682.8102
Price$647.24
Support 1$630.8822
Support 2$570.06
Support 3$426.7514
Pivot (PP):$645.3833
Trend:Downtrend
RSI (14):26.5

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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