Aug. 26 at 5:53 PM
Weekly
$BNB Update
Gain exposure to
$BNB with Osprey BNB Chain Trust (Ticker:
$OBNB)
CZ-BACKED
$BNB TREASURY EXPANDS IN U.S.
B Strategy, backed by
$BNB co-founder CZ’s YZi Labs, plans a
$1B U.S. BNB treasury, following 10X Capital’s model. The plan involves partnering with a U.S.-listed firm to convert into a BNB-holding treasury, linking U.S. and Asian markets.
CHINA RENAISSANCE COMMITS
$100M TO BNB
China Renaissance (
$1911.HK) partnered with YZi Labs to invest
$100M in BNB—the first explicit BNB allocation by a Hong Kong-listed firm. The move supports BNB Chain RWA tokenization and compliant digital-asset product development, signaling an institutional shift toward blockchain.
BNB APPROVED AS COLLATERAL FOR USDe
Ethena added
$BNB as eligible perp-hedge collateral for its
$11.75B USDe stablecoin under a new "Eligible Asset Framework."
$XRP and
$HYPE may follow pending reviews, as Ethena diversifies backing beyond
$BTC and
$ETH while maintaining liquidity/governance standards.