Nano Labs issues $ 500 million in private convertible tickets to form a BNB reserve of $ 1 billion, aimed at 10% of the BNB offer.
This substantial initiative indicates an important new step in institutional participation with public assets of blockchain.
Nano Labs sets an ambitious BNB acquisition target
Nano Labs has signed a $ 500 million convertible ticket subscription agreement, according to an official announcement. Tickets mature in 360 days, do not gain any interest before maturity and are convertible into ordinary class A shares at $ 20 per share. The product will finance the purchase of $ 1 billion in BNB, the native piece of its homonymous blockchain.
Nano Labs hopes to acquire up to 10% of the supply of BNB.
“The agreement marks an important step in the strategic growth of the company. As part of this initiative, Nano Labs will carry out an in -depth assessment of the security and value of BNB. In the initial phase, the company plans to acquire $ 1 billion from BNB via convertible tickets and private investments. In the long term, Nano Labs Nano Labs told 5% of 10% of BNB.
This action reflects an increasing institutional appetite for a major exhibition for public assets of blockchain.
The company said the new reserve will target five to ten percent of the BNB circulating offer. If it is fully achieved, it would mark one of the largest direct institutional purchases of the native play of a public blockchain.
The flexible structure of notes – no interest before maturity and a conversion function on actions – offers investor options. Depending on market developments, they can convert to equity later or exchange the principal.
BNB’s public independence arouses institutional interest
Meanwhile, Changpeng Zhao (CZ), the co-founder of Binance, highlighted the status of BNB as a distinct active from Binance Holdings or his exchange. This distinction is increasingly important as institutions move to guarantee significant BNB positions, signaling a deeper understanding of the market.
“BNB is a native coin of the public blockchain, not” linked “to Binance Holdings Ltd or Binance Cex ..” Binance Founder Cz wrote on X
Consequently, any institution – notably Nano Labs – can freely buy and use BNB, regardless of Binance, exchange.
“I have heard of a few different companies that were doing this. So far, none is motivated by me / us. But we are extremely favorable,” said CZ.
For investors and industry, the status of the public channel of BNB strengthens the credibility of institutions seeking a diverse exhibition in blockchain. It also shows that the main asset acquisitions are made by external parts, rather than initiates or platform founders.
This independence contributes to regulatory clarity and market confidence, encouraging other entities to pursue similar movements.
Nano Labs’ initiative establishes a new standard for institutional activity in blockchain assets. If the company acquires its 10% objective of the circulating offer of BNB, liquidity and market assessment could change considerably. The accumulations of a single institution often have an impact on market dynamics, and analysts will closely look at the BNB supply concentration.
Convertible tickets offer investors another way to obtain an indirect exposure to BNB, to fill the traditional finance and blockchain markets. This could attract more conventional capital to digital assets.
Market observers will monitor the progress of Nano Labs in the acquisition of BNB and any change of market that results. Meanwhile, Nano Labs is established as a leader in institutional investment in the space of the assets of the public blockchain.
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