$58M BNB Treasury Strategy Sends Applied DNA Into Crypto Spotlight

TLDR: Applied DNA Sciences raised up to $58M through a private placement led by institutional DeFi and TradFi investors. The firm launched a yield-focused BNB treasury strategy holding more than $17M in BNB and BNB trust units. The company achieved $2.9M in annualized cost savings while shifting to a digital asset treasury model. Applied DNA’s [...]

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