This is a tokens news story, published by CoinGape, that relates primarily to Nano Labs news.
For more tokens news, you can click here:
more tokens newsFor more Nano Labs news, you can click here:
more Nano Labs newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
BNB treasury plans. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest BNB treasury news, BNB treasury company news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
BNB treasury strategyCoinGape
•Business
Business & Economics
69% Informative
Nasdaq-listed company and Web3 infrastructure firm, Nano Labs , has become the latest company to adopt a digital asset treasury strategy.
Nano Labs plans to establish a BNB treasury and purchase up to $1 billion worth of tokens for the first part of this plan.
The firm already plans to issue $500 million worth of convertible notes and private placements.
Over the long term, Nano labs aims to hold 5% to 10% of BNB ’s total circulating supply.
Binance 's former CEO Changpeng “CZ” Zhao reacted to Nano Labs ’ announcement of the BNB Treasury strategy.
VR Score
47
Informative language
33
Neutral language
66
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
4
Affiliate links
no affiliate links
