Former Coral Capital Executive Plans to Raise $100 million to Establish BNB Reserve

According to Bloomberg, former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch plan to raise $100 million to establish a $BNB reserve through their Nasdaq-listed holding company, and rename the company Build & Build Corporation. Upon completion of the fundraising, the company will become the first publicly listed company with $BNB as its core reserve asset. Previously, Zhao Changpeng stated in response to $BNB market expansion that $BNB is not directly related to Binance. [ChainCatcher]