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TheCoinRepublic

Breaking: China's Investment Bank to Raise $600M in BNB with CZ's YZi Labs

Key Insights: Chinese investment bank China Renaissance is in discussion with potential investors to raise about $600 million for a public fund to invest in a Binance Coin (BNB). Changpeng "CZ" Zhao's family office YZi plans to put $200 million in a combined commitment with China Renaissance. China Renaissance Upsizes BNB Treasury Plan with CZ's [...]The post Breaking: China's Investment Bank to Raise $600M in BNB with CZ's YZi Labs appeared first on The Coin Republic.

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