Breaking: China Renaissance Bank Eyes $600M Raise for BNB-Focused Fund with YZI Labs

China Renaissance Bank is reportedly planning to raise $600 million for a new publicly listed fund focused on BNB. It is also said that this crypto vehicle is backed by YZi Labs.

China Renaissance Bank Plans $600M BNB Investment Vehicle

According to Bloomberg, China Renaissance Holdings Ltd. is working to establish a digital-asset treasury company in the U.S. that will accumulate BNB as its primary treasury asset.

If successful, the initiative would mirror the model pioneered by Michael Saylor’s Bitcoin-holding entity, Strategy Inc. The firm became a trendsetter among corporates seeking exposure to high-performing crypto assets.

The bank is contributing $200 million to the project in collaboration with YZi Labs. A significant institutional wager on the token’s sustained growth is indicated by China Renaissance Bank’s own plans to contribute about $100 million. Targeting both Asian and Western markets, the remaining funds will be raised from outside investors.

Neither YZi Labs nor China Renaissance offered direct comments on the fundraising effort, though insiders note that discussions are already at an advanced stage.

The collaboration underscores a growing institutional convergence around the coin, driven by YZi Labs, CZ’s $10 billion family office. Earlier this month, YZi Labs hosted an exclusive private dinner at Singapore’s Shangri-La Hotel, attended by executives from firms backing the BNB Visionary Circle. This initiative is described as “Igniting the Next Trillion.” 

Ella Zhang, who heads YZi Labs, reportedly led the discussions focused on the next wave of the Binance coin-backed investment vehicles and the evolution of decentralized asset management.

This fund is the closest investment in valuation to B Strategy’s BNB vehicle, worth $1 billion, also backed by YZi Labs. The firm described its goal as becoming the “Berkshire Hathaway of the BNB ecosystem.

Bullish Fundamentals in the Binance Coin Strengthens

The timing of China Renaissance Bank’s $600 million fund coincides with a resurgent market. Earlier today, BNB hit a new ATH after a 16% price surge. This is particularly notable because the market has just recovered from a market-wide sell-off. 

CZ’s public involvement, particularly Binance’s promises of compensation to users impacted by recent depegs, was a major factor in the optimism.

Adding momentum, Franklin Templeton expanded its tokenized platform to Binance Chain. This signals growing institutional confidence in the ecosystem. The chain, now valued at $141.7 billion, has become a key infrastructure for tokenized assets.

The token’s cultural and social appeal has also grown. CZ’s endorsement of meme tokens within the ecosystem has led to a sharp surge in coins like GIGGLE. The token surged by at least 700% over the past week.