CEA Industries and 10X Capital, with the support of YZiLabs, have announced a $500 million private funding round to establish a BNB Strategic Reserve.
BlockBeats News, July 28th, according to official sources, CEA Industries (NASDAQ: VAPE) and 10X Capital announced a $5 billion private placement with the support of YZi Labs to establish the world's largest publicly traded BNB financial company. The financing consists of two parts:
· Common Stock PIPE Financing: Totaling $5 billion (including $4 billion in cash + $1 billion worth of cryptocurrency)
· Warrant Exercise: If fully exercised, an additional $7.5 billion in cash financing is expected to be raised
The official statement indicated that this PIPE received oversubscriptions from over 140 institutional investors worldwide. The key participating institutions include: YZi Labs, Pantera Capital, Arche Capital, GSR, Borderless, Arrington Capital, Blockchain.com, Hypersphere Capital, Kenetic, dao5, Protocol Ventures, Reciprocal Ventures, G-20 Group, Three Point Capital, Propel Horizon, Exinity, Winone, Nano Labs, and others.
You may also like
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

