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BNC Buys $160 Million BNB Token, Becomes World’s Largest Corporate Holder
In a shocking move, Nasdaq-listed company BNC (formerly VAPE) has made a bold entry into the Binance ecosystem by spending $160 million to buy 200,000 BNB tokens. This massive purchase makes BNC the largest corporate holder of BNB globally.
According to reports, the acquisition was funded through a $500 million private placement led by 10X Capital and YZi Labs, signaling strong confidence from heavyweight investors.
Source: coinpedia.org
