↑ Nano Labs Steps Up Big in Crypto Market - Eyeing Binance Coin & Stablecoin Industry
Ledger has recently revealed its new product, the Nano Gen5 , which aims to bring forth a more secure identity in a rapidly evolving, AI-led...
Nano Labs, a Nasdaq-listed tech firm primarily known for its involvement in the chip-making industry, has announced a major shift towards cryptocurrency. The company disclosed several ambitious initiatives including the purchase of $50 million worth of Binance Coin (BNB) and plans to buy an additional $1 billion, aiming to hold up to 10% of BNB's total supply. The purchases are part of an endeavored move to transform the company into a Crypto Play. Particularly noteworthy is their objective to build a $1 billion BNB treasury to strengthen their financial flexibility. Nano Labs is also expected to launch a business centered on Bitcoin.
Further in the wake, Coinbase, one of the world's most popular crypto exchanges, is set to launch perpetual futures for nano XRP and SOL for US traders. This expansion aims to revolutionize crypto trading by allowing 24/7 trading. Nano Labs is partnering with Orbiter Finance in a move speculated to transform cross-chain stablecoin trading and also has plans to create a CNH-Pegged stablecoin following approval from the Kyrgyz Republic.
On the other hand, Ledger, a hardware wallet provider, has unveiled its $179 Nano Gen5 wallet, described as a solution for identity in an AI-driven world and the best crypto wallet on the market.
Nano Coin News Analytics from Tue, 13 Feb 2018 08:00:00 GMT to Tue, 11 Nov 2025 23:14:05 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -2
