China Renaissance, a leading Hong Kong investment bank, has made a bold move by investing $100 million in Binance Coin (BNB) through an agreement with YZi Labs. This significant investment marks the first instance of a publicly listed Hong Kong company integrating BNB into its treasury, potentially setting a new precedent for traditional finance’s growing acceptance of digital assets. 💰 This landmark move is causing ripples across the crypto market: BNB prices surged immediately after news broke, exceeding $899 and breaking through resistance levels previously unyielding. 📈 Analysts believe this price surge signifies a pivotal moment for the cryptocurrency market, with new targets set between $950 and $1,000. 🚀 The investment is also expected to bolster BNB’s ecosystem, potentially attracting more developers and fostering a clearer regulatory framework for institutional crypto adoption.