• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, August 15, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Nano Labs Boosts BNB Reserve to $90M, Deepens Binance Ties

23 July 2025
in Crypto
Reading Time: 3 mins read
106 2
Nano Labs Boosts BNB Reserve to $90M, Deepens Binance Ties

Source: X

Nano Labs Ltd has significantly increased its exposure to Binance Coin (BNB), raising its strategic reserve to 120,000 BNB, currently valued at approximately $90 million. This move signals a major escalation in the company’s long-term commitment to the Binance ecosystem and forms part of a broader upgrade to its digital asset reserve strategy.

📢 Update from Nano Labs (Nasdaq: $NA)

We’ve significantly increased our $BNB holdings to 120,000 BNB (~$90M), acquired at an avg. cost of $707/token — a major milestone in upgrading our BNB strategic reserve. 🔒📈

We’re building for the future of Web3.

🔗… pic.twitter.com/sDGbFInOat

— Nano Labs (@NanoLabsLtd) July 22, 2025

In a recent disclosure, the Hong Kong-based Web3 infrastructure firm revealed that it acquired an additional 45,684 BNB through over-the-counter (OTC) transactions at an average price of $764 per token. With this acquisition, Nano Labs now holds BNB at an average cost of $707 per token, reinforcing the asset’s status as the company’s primary crypto reserve.

Looking ahead, the company plans to continue building its BNB reserve through a multi-pronged approach. This includes ongoing accumulation, acquiring controlling stakes in entities dedicated to BNB reserves, and making strategic investments in companies that treat BNB as a core treasury asset.

This expansion is closely tied to Nano Labs’ broader strategy to deepen its presence within the Web3 and high-performance computing (HPC) sectors. The company, known for its proprietary flow processing unit (FPU) chip architecture, has been integrating digital assets, especially BNB and Bitcoin, into its operational and financial models.

The aggressive buildup of BNB comes at a time when institutional players are increasingly incorporating native tokens into their long-term crypto strategies. By expanding its BNB holdings, Nano Labs aims not only to strengthen its financial foundation but also to tighten its alignment with Binance’s fast-growing ecosystem.

As part of its long-term vision, Nano Labs has begun executing a bold strategy to hold up to 10% of Binance Coin’s total circulating supply. The company initiated this effort with a $50 million BNB purchase and now aims to expand its holdings to as much as $1 billion, which would represent between 5% and 10% of the token’s overall supply.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: BINANCEBNB ReserveNano Labs
Share63Tweet40Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source:  cryptocurrencyfm.com
Crypto

CoinW Completes Major Upgrade, Unveils Full-Stack Crypto Trading

15 August 2025
source: nftnow.com
Crypto

MoonPay Becomes Exclusive On- and Off-Ramp Provider for Trust Wallet in Multi-Year Deal

15 August 2025
source: news.bitcoin.com
Crypto

MetaMask Partners with Brevis, Linea to Launch a Rewards Program

14 August 2025
source: theblock.co
Crypto

GMX Payouts to GLP Holders Following Exploit Mitigate User Losses

14 August 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

byOlayinka Sodiq
6 July 2025
0

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

byOlajumoke Oyaleke
30 June 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

byOlajumoke Oyaleke
26 June 2025
0

Read More

Chain of Thoughts

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Markets Update

Ripple vs. SEC Nears Final Countdown: Will August 15 End Crypto’s Longest Court Battle?

3 days ago

Cardano Price Prediction 2025–2030: Decentralized Governance, Technical Upgrades, and Investment Outlook

3 days ago

Your Weekend Crypto Roundup | August 2025 (Week 2)

1 week ago

US Ether ETFs Turn One: What $16.6B in Assets and Bullish Inflows Signal for the Future

2 weeks ago

Is ETH Restaking Driving Efficiency or Introducing a Dangerous Complexity?

2 weeks ago

Your Weekend Crypto Roundup | August 2025 (Week 1)

2 weeks ago
Read More

Events

CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Ethereum-based Meme Coin Pepeto Nears Stage 10, Raises Over $6.18M in Presale, as Ethereum Eyes $10,000

bychainwire
15 August 2025
0

Mawari Partners with Caldera to Launch Mawari Network, Enabling Real-Time Streaming of Immersive, AI-Powered Experiences Globally

bychainwire
15 August 2025
0

QF Network Confirms Q4 2025 Mainnet Launch to Redefine Layer-1 Blockchain Performance

bychainwire
14 August 2025
0

Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users

bychainwire
14 August 2025
0

Sapien Brings Millions of Minds Onchain to Train AI

bychainwire
13 August 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00