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BNB is stepping into the spotlight as a corporate treasury asset. Former Coral Capital executives plan to raise $100 million through a Nasdaq-listed shell company to acquire BNB for Build & Build Corporation. This bold move aims to establish BNB as a serious reserve asset for public companies.
The plan is inspired by Bitcoin’s treasury strategy but faces unique hurdles. BNB was originally created as a Binance token and often linked to the exchange’s past legal troubles. Skeptics argue its price underperformance and centralized history will make investor acceptance difficult.
Despite these challenges, the trio believes they can reframe BNB’s image and attract a new wave of confidence. If successful, this could help the token overcome its past and spark greater mainstream adoption as part of the next era of crypto finance.
