Overview

• China Renaissance said it signed an MoU with YZi Labs and earmarked $100 million for BNB, a first for a Hong Kong‑listed company holding the token on its balance sheet.
• The bank plans to advocate for listings of BNB on fully regulated virtual asset exchanges in Hong Kong, subject to approvals and market conditions.
• YZi Labs is set to act as strategic adviser, providing access to vetted projects, custody solutions, validator nodes and core BNB ecosystem infrastructure.
• The parties outlined collaboration with asset managers, including China Asset Management, to develop Web3 funds and explore a real‑world‑asset fund targeting hundreds of millions of dollars.
• The company cautioned that the MoU is non‑binding and highlighted digital‑asset volatility and regulatory uncertainty, as some outlets reported a BNB price spike to a new all‑time high near $899.