The BNB Chain Foundation has executed a strategic acquisition of ecosystem tokens totaling $100,000 in USD Tether (USDT), signaling targeted support for key projects within its network. The initiative reflects institutional confidence in ecosystem assets
Specific allocations saw 25,000 USDT deployed to acquire 22,611 JANITOR tokens at an average price of $1.1056. Simultaneously, 25,000 USDT secured 1,575,733 IDOL tokens valued at $0.01586 per token
Half the total funds were dedicated to PancakeSwap’s CAKE token, with 50,000 USDT purchasing 21,365 CAKE at $2.34 each. The remaining 50,000 USDT obtained 208,396 LISTA tokens priced at $0.239
This capital injection aims to strengthen ecosystem liquidity and validate project viability. By acquiring tokens directly from public markets, the foundation demonstrates tangible commitment to supporting BNB Chain’s decentralized applications