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BNB soars to $819! Nasdaq's BNC buys 200K tokens.

11.08.2025 07:55

Binance Coin (BNB) experienced a significant price surge, reaching $819, following a substantial purchase by a Nasdaq-listed firm. This remarkable jump represents an 8% increase within a single week, highlighting the considerable market impact of corporate investment in cryptocurrencies.

The driving force behind this surge was BNC, formerly known as VAPE, a Nasdaq-listed company that announced a $160 million acquisition of 200,000 BNB tokens. This strategic move instantly establishes BNC as the world's largest corporate holder of BNB, demonstrating a strong commitment to the Binance ecosystem.

This bold investment wasn't a spontaneous decision; it followed a substantial $500 million private funding round spearheaded by prominent investors, 10X Capital and YZi Labs. This significant influx of capital underscores the growing confidence in the cryptocurrency market and the strategic potential of BNB in particular.

Unlike many publicly traded companies cautiously exploring Bitcoin or Ethereum, BNC has taken a decisive step, placing a considerable bet on BNB. This high-stakes maneuver indicates a strong belief in BNB's future growth and its integration into the broader financial landscape.

BNC's ambitions don't end with this initial investment. Its existing warrant structure allows for a potential expansion of its BNB holdings to a staggering $1.25 billion. Such a move would cement BNC's position as a major player within the BNB ecosystem and exert considerable influence on its future trajectory. The possibility of other corporations following suit could fundamentally shift BNB's role, transforming it from primarily an exchange utility token to a significant strategic asset for businesses worldwide.