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Multiple Former Hedge Fund Executives Plan to Raise $100 Million to Establish BNB Treasury Strategy Company
Summary: According to reports, three former executives of Coral Capital Holdings, Patrick Horsman, Joshua Kruger, and Johnathan Pasch, are advancing a plan to raise $100 million to acquire and hold BNB tokens through a NASDAQ-listed company they control. Sources reveal that the company will be renamed Build & Build Corporation after the fundraising is completed, and ...
According to reports, three former executives of Coral Capital Holdings, Patrick Horsman, Joshua Kruger, and Johnathan Pasch, are advancing a plan to raise $100 million to acquire and hold BNB tokens through a NASDAQ-listed company they control. Sources reveal that the company will be renamed Build & Build Corporation after the fundraising is completed, and will officially begin establishing a company treasury centered around BNB. If successful, it will become the first publicly listed company with BNB as its core reserve asset. This move is seen as a development of the 'crypto treasury' trend, following Michael Saylor's Strategy using Bitcoin as a company treasury. In recent years, several institutions, including Tether, SoftBank Group, and a social media company owned by Trump, have followed suit with crypto asset holding plans, with some companies shifting towards non-mainstream tokens like Ethereum and Solana.
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Link: Multiple Former Hedge Fund Executives Plan to Raise $100 Million to Establish BNB Treasury Strategy Company [Copy]
