Binance’s BNB in Focus as China’s Nano Labs Plans $500M Acquisition via Convertible Notes

Chinese blockchain company Nano Labs has announced an ambitious plan to raise $500 million through zero-interest convertible notes, aiming to acquire 5-10% of Binance Coin's (BNB) circulating supply. The 360-day notes are convertible into Class A shares at $20 per share, though the deal remains unsecured and subject to standard closing conditions. This move marks the first phase of Nano Labs' long-term strategy to integrate BNB into its ecosystem, signaling strong confidence in the cryptocurrency's future. The announcement has sparked interest in the crypto community, as such a large-scale acquisition could significantly impact BNB's market dynamics. With the current date being June 25, 2025, market watchers are keen to see how this development unfolds and its potential implications for Binance's native token.

China’s Nano Labs Seeks $500M to Acquire 10% of BNB Supply via Convertible Notes

Nano Labs, a Chinese blockchain firm, unveiled plans to raise $500 million through zero-interest convertible notes to acquire 5-10% of BNB's circulating supply. The 360-day notes can be converted into Class A shares at $20 per share, though the deal remains unsecured and subject to standard closing conditions.

This financing marks the first phase of a long-term strategy to integrate BNB into Nano Labs' ecosystem and treasury management. "Our goal is to deepen exposure to digital assets with proven utility and security," the company stated. Success WOULD position Nano Labs among the largest non-Binance holders of BNB globally.

The convertible note structure offers investors equity upside potential while allowing Nano Labs to avoid immediate dilution. No timeline was given for full deployment of capital toward BNB accumulation.

Newton Protocol Listing on Binance Alpha, June 24: Check Details

Newton Protocol is set to launch on Binance Alpha on June 24, marking a significant milestone for the project. The protocol is designed to enhance decentralized finance (DeFi) by introducing a secure LAYER of automation. Users can delegate complex tasks—such as trading or cross-chain operations—to AI agents, with each action rigorously adhering to predefined rules.

The integration with Binance Alpha underscores the growing institutional interest in AI-driven DeFi solutions. Newton Protocol’s approach combines automation with transparency, addressing a critical need for trustless execution in decentralized ecosystems.

Binance Coin Holds Steady as Worldcoin Attracts Whale Activity; BlockDAG Eyes 25x Surge

Binance Coin (BNB) maintains stability with robust trading volume but minimal price movement, reinforcing its position among top-tier cryptocurrencies. Meanwhile, Worldcoin (WLD) draws market attention as large wallet transactions signal potential accumulation by institutional players. Neither asset, however, offers a clear entry point for retail investors at this stage.

BlockDAG (BDAG) emerges as a structured alternative, with its presale price locked at $0.0020 until June 24 before a scheduled rise to $0.0030. The project targets a $0.05 listing price, implying a 25x return for early participants. Backed by tangible infrastructure—including 2 million mobile miners, hardware in production, and 20 confirmed exchange listings—BlockDAG distinguishes itself from speculative plays. This presale represents a measured progression toward launch, offering a concrete opportunity in a market often driven by hype.

Nano Labs' $1B BNB Purchase Plan Sends Stock Soaring, Lifts Crypto Market

Nano Labs Ltd. shares more than doubled after the Chinese Web3 infrastructure provider unveiled plans to acquire $1 billion worth of Binance Coin using proceeds from a $500 million convertible note offering. The move mirrors corporate treasury strategies increasingly adopted by crypto-native firms seeking exposure to digital asset appreciation.

The zero-coupon notes, convertible into ordinary shares at $20 apiece, attracted immediate institutional interest according to company filings. BNB prices ROSE 3% following the announcement as markets reacted to the implied vote of confidence in Binance's ecosystem token.

This strategic accumulation positions Nano Labs to hold 5-10% of BNB's circulating supply—a bold bet on the fifth-largest cryptocurrency by market capitalization. The 360-day convertible instrument reflects growing sophistication in corporate crypto financing structures.