A cryptocurrency hedge fund is preparing to raise $100 million through a publicly traded vehicle dedicated to accumulating BNB tokens. The strategy mirrors institutional crypto investment approaches, notably drawing inspiration from Michael Saylor’s Bitcoin Reserve model.
The unnamed Nasdaq-listed entity spearheading this initiative will rebrand as ‘Build & Build Corporation’ to reflect its exclusive focus on the Binance ecosystem. This corporate restructuring aims to position the vehicle as a dedicated investment tool for BNB exposure.
Executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch are leading the fundraising effort. The planned $100 million capital raise represents a structured approach to institutional investment within the Binance network through public market channels.