BNB Hits Record High as Multiple Public Firms Launch Treasury Strategies Backed by Institutional Capital

BNB, the native token of BNB Chain and formerly known as Binance Coin, surged to an all-time high of $860 on Monday before settling near $840 during the U.S. trading session. Despite the slight pullback, BNB outpaced all other top-10 non-stablecoin cryptocurrencies over the past week, climbing 9%, including a 3% gain in the last 24 hours, while peers like ETH, XRP, and SOL reversed earlier advances.

The rally was driven in part by a wave of public companies announcing large-scale BNB treasury initiatives, signaling growing institutional interest in the ecosystem.

CEA Industries Leads the Charge With $500M Raise

CEA Industries (VAPE) announced a strategic partnership with Yzi Labs, the family office of Binance founder Changpeng “CZ” Zhao, to raise $500 million in private funding from institutional backers. The goal: to establish the largest U.S.-listed BNB treasury entity.

The company said the round could expand up to $1.2 billion, positioning it as a major player in the emerging crypto treasury trend. Following the announcement, CEA’s stock soared over 700%.

“Our goal is to bring institutional-grade capital to the BNB ecosystem in a disciplined, long-term strategy,” a spokesperson from Yzi Labs said.

Broader Corporate Momentum in BNB Treasuries

Several other listed companies also joined the movement:

• Liminatus Pharma (LIMN) revealed the launch of a dedicated subsidiary, American BNB Strategy, with plans to allocate up to $500 million into BNB over the long term.
• Windtree Therapeutics (WINT) previously disclosed a potential $700 million BNB acquisition plan last week.
• Nano Labs, a tech firm, confirmed the purchase of 128,000 BNB tokens—worth over $100 million—after unveiling its crypto treasury strategy late last week.

These announcements come amid a growing trend of public companies diversifying balance sheets with digital assets, particularly those within scalable and ecosystem-driven blockchains like BNB Chain.

As institutional flows ramp up, analysts are closely watching BNB’s price trajectory and its potential to decouple from broader altcoin trends.