Hedge Fund Heavyweights Back BNB with $100M Treasury Gamble
Wall Street's crypto-curious are doubling down—this time with Binance's native token in their crosshairs.
The play: A cadre of ex-hedge fund managers just earmarked nine figures for BNB treasury positions. Not exactly pocket change, even by crypto standards.
Why it matters: When traditional finance refugees start betting big on altcoin treasuries, it screams institutional validation. Or desperation—depending on which side of the 2025 bear market you're nursing.
The kicker: Watch how fast this crew pivots to staking rewards when volatility hits. Nothing soothes a bruised ego like 8% APY while the market burns.