Former hedge fund executives are launching a $100M investment strategy focused on BNB, Binance's native token. The initiative aims to create a strategic reserve that could enhance BNB's market position.
- Fund will be managed by experienced TradFi veterans
- Strategy focuses on institutional-grade custody and compliance
- Goal is to bridge traditional finance and crypto markets
This marks a significant step in institutional adoption of crypto assets, particularly for BNB which has historically seen less institutional involvement compared to BTC and ETH.
The move could signal growing institutional interest in alternative layer-1 tokens.
$BNB finally coming for TradFi ? 👀 cointelegraph.com/news/hedge-fun…
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