China Renaissance plans $600M BNB fund in biggest institutional crypto bet yet

Beijing-based investment bank China Renaissance Holdings ￰0￱ preparing to raise $600 million for a new fund dedicated to investing in Binance’s cryptocurrency, BNB, according to people familiar with the ￰1￱ fund would become the largest institutional commitment toward a single exchange-linked digital asset ￰2￱ Renaissance, whose founder and former chairman, Bao Fan, was released from government detention in August after disappearing from public view for more than a ￰3￱ disclosed plans to commit $100 million of its own capital toward BNB in an August ￰4￱ Renaissance BNB treasury to be aided by YZi Labs The investment push is being coordinated in part with YZi Labs, the family office of Binance co-founder Changpeng “CZ” Zhao, according to sources speaking to ￰5￱ Fan, Zhao was released from US federal custody last year following his plea deal with the Department of ￰6￱ former Binance CEO has continued exerting his “quiet” influence on the BNB ecosystem through YZi’s investment ￰7￱ the arrangement, YZi Labs and China Renaissance are expected to co-invest $200 million into the digital asset ￰8￱ remaining $400 million would be raised from private backers and institutional participants, the people said, requesting anonymity because the talks are not ￰9￱ completed, the raise would establish a publicly listed “digital-asset treasury company” in the United States to accumulate and manage BNB holdings as a primary treasury ￰10￱ structure is similar to the business popularized by business intelligence firm Strategy, the Nasdaq-listed business intelligence firm that became a corporate Bitcoin holder under bullish CEO Michael ￰11￱ is the largest publicly-traded BTC accumulator with about 640,250 coins as of October 13, according to ￰12￱ China Renaissance initiative follows announcements by firms accumulating BNB as a long-term digital ￰13￱ July, CEA Industries ￰14￱ investment firm 10X Capital disclosed a $500 million fund dedicated to purchasing BNB, with participation from YZi Labs as ￰15￱ compiled by CoinGecko shows that combined holdings from CEA Industries and Nano Labs have reached about 608,000 BNB, worth roughly $794.3 million based on current market ￰16￱ holders now control only about 0.44% of BNB’s circulating supply, but the number could keep growing as more companies try to mimic Strategy’s success through ￰17￱ early October, Zhao’s family office hosted a private dinner dubbed the “BNB Visionary Circle: Igniting the Next Trillion” at the Shangri-La Hotel in ￰18￱ to attendees familiar with the event, executives from China Renaissance and other BNB-focused entities were present to discuss expanding corporate holdings by adding BNB into their diversified ￰19￱ closed-door gathering was hosted by Ella Zhang, the head of YZi Labs and a longtime Binance ￰20￱ markets react positively to treasury news The BNB token, originally known as Binance Coin, was launched in 2017 through an initial coin to fund the creation of the Binance ￰21￱ ICO white paper allocated 80 million tokens, now worth more than $100 billion, to Binance’s founding team, which included ￰22￱ was meant to reduce trading fees for Binance users, but has since become the backbone of the Binance Smart Chain, supporting decentralized finance (DeFi) protocols, staking services, and smart contract ￰23￱ the forgettable business week close that saw traders lose over $20 billion through liquidations, BNB is changing hands around $1,291.

The token briefly touched an all-time high near $1,371 before correcting after holders commenced profit-taking. $BNB just swept buyside liquidity and rejected from the upper FVG Now it’s retesting the same zone around $1,290 – key area to watch If buyers hold, we could see another push toward $1,350–$1,400 Clean price action, liquidity doing its job ￰24￱ — BlockchainBaller (@bl_ockchain) October 13, 2025 News of China Renaissance’s fundraising effort started a brief rally in BNB prices that pushed the token up about 5.7% in 24 ￰25￱ token is up 120% year-to-date, and 15% over the week, following a post-ATH ￰26￱ identify key support levels between $1,230 and $1,300, with resistance near $1,350–$1,400.

Technical indicators show an expanding trading volume and an ascending channel ￰27￱ BNB holds above $1,200, the broader uptrend would retest the $1,400 and $1,600 price levels in coming ￰28￱ your free seat in an exclusive crypto trading community - limited to 1,000 members.