CEA Industries and 10X Capital Conduct $500.00M Private Placement to Establish BNB Treasury

According to Streetinsider, CEA Industries and 10 X Capital announced a $500.00M private placement under the support of YZi Labs to establish the $BNB Treasury. It is reported that the two institutions will expand the PIPE issuance size. It is reported that more than 140 subscribers participated in this issuance, including Pantera Capital, Arche Capital, GSR, Borderless, Arrington Capital, Blockchain.com, Hypersphere Capital, and Kenetic, in addition to YZi Labs. [ChainCatcher]