Hedge Fund Heavyweights Back BNB with $100M Treasury Gamble
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Wall Street meets Web3 as crypto-savvy hedge funds double down on Binance's native token.
BNB bulls charge ahead
A cabal of former hedge fund managers just placed a $100 million bet on BNB's treasury potential—proving even traditional finance sharks smell blood in the crypto water. The move comes as institutional players increasingly treat top-tier altcoins like corporate bonds with upside.
Who needs yield curves when you've got token burns?
These aren't your grandma's portfolio managers. The team reportedly structured the deal using decentralized custody solutions, bypassing prime brokers entirely. One insider quipped: 'We used to chase 2% yields on Treasuries—now we create them.'
Just don't ask about the Sharpe ratio.
By:
http://www.coindesk.com/markets/2025/06/23/hedge-fund-veterans-plan-100m-bnb-treasury-bet
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