Huaxing Capital will invest approximately $100 million for the special allocation of BNB assets.

[Huaxing Capital will invest approximately $100 million for special allocation of BNB assets] Huaxing Capital announced a strategic cooperation memorandum with YZi Labs to support the application of BNB and the BNB Chain ecosystem, and to establish a mutually empowering partnership. The cooperation includes: a strategic BNB special allocation led by Huaxing Capital: the company will invest approximately $100 million for special allocation of BNB assets, aiming to become the first Hong Kong listed company to include BNB in its special digital asset allocation; promoting Web3 ecosystem-related initiatives and driving the compliance exchange listing of BNB on CEX; real-world asset (RWA) fund and promoting BNB Chain ecosystem projects.