China Renaissance Looks to Raise $600M for Binance Coin Treasury

China Renaissance bank is aiming to secure around $600 million to establish a crypto treasury specifically for the Binance Coin, potentially supported by YZi Labs.

China Renaissance’s proposal includes launching a public fund worth $600 million devoted to Binance Coin, in partnership with YZi Labs, the family office of Changpeng Zhao.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.