28.07.2025 16:17

Binance Coin (BNB) has surged to unprecedented heights, reaching a new all-time high of $859 on Monday. This dramatic price increase is fueled by a wave of institutional investment, marking a significant shift in the cryptocurrency market.

Driving this surge is a substantial investment plan involving CEA Industries Inc. (Nasdaq: VAPE) and 10X Capital, aiming to secure up to $1.25 billion in BNB. This ambitious initiative, backed by Binance founder Changpeng Zhao's YZi Labs, seeks to create the largest publicly listed BNB treasury in the United States, offering both institutional and retail investors unprecedented access to the BNB Chain ecosystem.

The move follows a similar investment strategy by Nano Labs earlier in the week, further highlighting the growing institutional interest in BNB. This combined investment activity has generated considerable excitement within the cryptocurrency community, significantly impacting the altcoin market. At the time of writing, BNB is trading around $847.

This bold venture, spearheaded by prominent figures like David Namdar, co-founder of Galaxy Digital, and Russell Read, former chief investment officer of CalPERS, positions BNB as a leading cryptocurrency. The coin's remarkable price increase underscores the attractiveness of this investment strategy, and further intensifies the focus on the growing institutional adoption of digital assets. The initiative leverages the established track record of treasury companies as transparent access points for institutional investors in the crypto space. Given BNB's extensive global user base, this strategic move is seen as perfectly timed to capitalize on the current market momentum. Information from internet sources indicates that this news has greatly increased trading volume and demand for BNB.