CZ hypes ‘BNB MicroStrategy’ as corporate reserve interest grows

The former CEO and founder of Binance, Changpeng Zhao, encourages growing institutional projectors on BNB while more and more companies move to type the token as a reserve asset.

In a post of July 24, Zhao rented Labs cryptocurrency laboratories based in China Nano Labs for his vision to launch a BNB (Bnb) Targeted strategic reserve.

The applause of the founder of Binance follows Nano Labs’ announcement Earlier in the day of an increase in convertible tickets of $ 500 million, with plans to acquire up to $ 1 billion BNB over time. According to the company, it aims to have 5% to 10% of the total offer in BNB circulation and to position the token as a long -term treasure asset.

While CZ clarified that neither he or any affiliated entities took part in the increase, he described this decision as a major vote of confidence for the future of BNB and expressed his support for the vision.

The comments are based on his previous sign of a similar initiative. The former leaders of Coral Capital Holdings were recently reported breeding 100 million dollars thanks to an entity listed at NASDAQ to accumulate BNB as part of a similar institutional reserve strategy.

“BNB” Microstrategy “coming to a company near you!” applaud The founder of Binance. He also stressed that more institutions around the world reflect the same idea, adding that growing interest could soon mark a turning point for the token.

A new story for BNB?

Institutional adoption has played a decisive role in the rise of Bitcoin, and a vague of similar interest could now form around BNB.

However, doubts remain. Although the BNB is described as a public audience, a native token of blockchain not affiliated with Binance, its links with the exchange have long weighed on its image. This is largely due to the scholarship regulatory disorders And persistent concern Regarding the distribution and decentralization of the token, fueling the skepticism of investors.

This prudent feeling is reflected in the stunted growth of BNB in ​​the past year, lagging against many of its peers in market performance and enthusiasm. However, some believe That the recent wave of institutional interest could promote adoption, helping him to carve out an identity beyond the shadow of Binance.