Binance Coin (BNB) Surges On Major Institutional Investment

Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, is seeing a significant price surge following an announcement of a major institutional investment from Nasdaq-listed company BNC. The company acquired $160 million worth of BNB tokens, marking a move toward making it their primary reserve asset. This action has propelled the coin to reach new all-time highs above the $815 mark and ignited speculation for further price increases.