NASDAQ-listed BNC has purchased 200,000 $BNB worth $160 Million

In a bold move, NASDAQ-listed BNC just bought 200,000 $BNB worth a whopping $160 million. The move makes BNC the largest corporate holder of BNB in the world. The purchase marks a major vote of confidence in the Binance ecosystem, highlighting that corporate confidence in the tokens other than Bitcoin is rising. BNB powers everything from trading fees to DeFi and smart contracts on Binance, therefore BNC’s investment suggests they see serious long-term potential. It’s another sign that traditional finance is warming up to crypto and not just dipping toes, but diving in