Huaxing Capital and YZi Labs signed a strategic cooperation memorandum, investing approximately US$100 million in BNB assets.

According to an announcement from Hong Kong-listed company Huaxing Capital Holdings Limited, the company signed a strategic cooperation memorandum with YZi Labs Management Ltd on August 22, 2025, envisioning in-depth collaboration around the Binance Coin (BNB) and BNB Chain ecosystem. According to the memorandum, Huaxing will invest approximately US$100 million in a dedicated allocation of BNB assets, becoming the first Hong Kong-listed company to include BNB in its digital asset portfolio. The company will also promote the listing of BNB on licensed virtual asset exchanges in Hong Kong. Furthermore, Huaxing plans to establish a Real World Asset (RWA) fund with a target size of several hundred million US dollars to promote the development of BNB in stablecoin and RWA applications.