{"id":13508,"date":"2025-10-16T14:47:19","date_gmt":"2025-10-16T19:47:19","guid":{"rendered":"https:\/\/networkstars.com\/china-renaissance-in-talks-to-raise-600-million-for-investment-in-bnb\/"},"modified":"2025-10-16T15:13:18","modified_gmt":"2025-10-16T20:13:18","slug":"china-renaissance-in-talks-to-raise-600-million-for-investment-in-bnb","status":"publish","type":"post","link":"https:\/\/networkstars.com\/en\/china-renaissance-in-talks-to-raise-600-million-for-investment-in-bnb\/","title":{"rendered":"China Renaissance in talks to raise $600 million for investment in BNB"},"content":{"rendered":"\n

China Renaissance Holdings Ltd. is in talks to raise approximately $600 million for a public vehicle that would invest in a cryptocurrency with close ties to Binance Holdings Ltd.<\/p>\n\n

The Beijing-based Chinese investment bank, whose former chairman Bao Fan was released from detention in August, plans to partner with YZi Labs, the family office of Binance co-founder Changpeng Zhao, according to a Bloomberg report published on Monday.<\/p>\n\n

Together, China Renaissance and YZi Labs intend to invest $200 million in the deal. China Renaissance revealed in a statement in August that it would invest approximately $100 million in BNB, the token linked to Binance. <\/p>\n\n

If the fundraising effort is successful, the $600 million would be used to establish a digital asset treasury company in the United States. This publicly traded vehicle would focus on accumulating the BNB token. <\/p>\n\n

Changpeng Zhao, who backs YZi Labs, was released from federal custody in the United States last year.<\/p>\n\n

\n

Source: Investing.com<\/a><\/p>\n<\/blockquote>\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

China Renaissance Holdings Ltd. is in talks to raise approximately $600 million for a public vehicle that would invest in…<\/p>\n","protected":false},"author":6,"featured_media":13520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[128,142],"tags":[],"class_list":["post-13508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prueba_c-en","category-world"],"acf":[],"yoast_head":"\nChina Renaissance in talks to raise $600 million for investment in BNB - NETWORK STARS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/networkstars.com\/en\/china-renaissance-in-talks-to-raise-600-million-for-investment-in-bnb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Renaissance in talks to raise $600 million for investment in BNB - 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