VAPE Stock Pops As Company Rebrands, Adopts BNB In $500 Million Crypto Pivot —Changpeng Zhao's VC Firm Leads Investment
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7 Articles
The company will also change its stock ticker to align with the BNB Chain ecosystem. Read more
Nasdaq Firm Pours $500M Into BNB
CEA isn’t just buying a few tokens. They’ve raised $500 million in a private placement and will buy BNB as their primary reserve asset. The initiative is backed by Binance founder CZ’s family office, YZi Labs, and supported by big names like Pantera Capital, Blockchain.com, and Arrington Capital. They’re even rebranding their ticker from VAPE to BNC. That’s not a pivot—it’s a full-blown identity shift. They’re committing to the BNB Chain ecosyst…
CEA Industries (VAPE) to Turn BNC Following BNB-Focused Treasury Pivot
Key Insights: CEA Industries Inc. announced that it would change its ticker from VAPE to BNC. The company believes this ticker symbol change better reflects its new BNB-focused treasury strategy. Despite the announcement, BNB and VAPE remained unchanged and even declined, potentially due to broader market uncertainty. After announcing its BNB-focused treasury strategy, CEA Industries made a bold move that garnered massive attention from crypto …
BNB crosses the corporate Rubicon in $500m CEA reserve strategy
The post BNB crosses the corporate Rubicon in $500m CEA reserve strategy appeared on BitcoinEthereumNews.com. CEA Industries just turned itself into a BNB proxy for institutional investors. With ex-Galaxy Digital leadership, $500 million secured and another $750 million in potential warrants, the company appears to be betting on Binance’s entire ecosystem. Summary CEA Industries has rebranded as BNB Network Company after raising $500 million to …
CEA Industries Advances Its BNB Crypto Treasury Strategy with $500M Private Placement
Quick take: YZi Labs led the round with participation from Pantera Capital, GSR, Arrington Capital, Reciprocal Ventures, Blockchain.com, and others. 10X Capital will serve as the asset manager of the BNB treasury strategy. David Namdar (Co-Founder, Galaxy Digital and Senior Partner, 10X Capital) joins the Company as CEO. CEA Industries has closed a $500 million private placement offering for its BNB-focused crypto treasury strategy. YZi Labs l…
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