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CEA Industries completed a $500 million private sale and rebranded as BNB Network Company
According to HashChain News, CEA Industries has completed a $500 million private sale led by YZi Labs, planning to list BNB as a primary reserve asset and rename itself "BNB Network Company." The company's stock code will change from VAPE to BNC on August 6. If all warrants are exercised, additional financing could reach up to $750 million. David Namdar, co-founder of Galaxy Digital, will serve as CEO, with 10X Capital managing the BNB treasury.
$BNB #Galaxy_Digital #Cryptocurrency # Blockchain #BNB # PrivateSale