Cointime

Download App
iOS & Android

Bisheng Capital announces the establishment of a $100 million BNB ecosystem fund

On October 9th, according to official Twitter, Bitrise Capital announced the formal establishment of a $100 million BNB ecosystem special fund, aimed at supporting high-quality projects and infrastructure built on BNB Chain. The fund has received intention subscription and strategic support from the Nasdaq-listed company Nano Labs (NASDAQ: NA).

Bitrise Capital was founded in 2017, focusing on investments in the cryptocurrency and blockchain fields, mainly engaged in primary and secondary market investments and project incubation business, with current management funds exceeding $500 million.

Nano Labs is a Web3 infrastructure company and also the first listed company with a strategic reserve of BNB.

Comments

All Comments

Recommended for you

  • Kalshi Plans to Launch Perpetual Stock Futures Products Without Expiration Dates

    On September 23, according to the Federal Register, KalshiEX LLC (Kalshi) submitted a rule change application (File No. SR-KALSHIEX-2026-02) to the SEC on September 18, 2026, proposing to add Chapter 14 to its rulebook, which would allow the listing of "Perpetual Security Futures Products" (Perpetual SFPs) with no predetermined expiration date, based on individual stocks. This product utilizes a daily funding rate mechanism to encourage the futures price to converge with the spot price of the underlying stock; both long and short positions will pay each other funding fees based on the daily settlement price differences, with all positions cleared by Kalshi's clearing entity, Kalshi Klear LLC. Regarding listing requirements, the underlying securities must meet strict criteria, including a market capitalization of at least $100 billion, an average daily trading volume (ADTV) of no less than $450 million over the past six months, and over 20 million deliverable shares; customer margin requirements are set at 15.5% of the position's market value, exceeding the statutory minimum standard of 15%. This rule change is expected to take effect on November 2, 2026, pending approval from the CFTC.
  • BTC Falls Below $86,000

    Market data shows that BTC has fallen below $86,000, currently priced at $85,948.04, with a 24-hour decline of 0.1%. The market is experiencing significant volatility, so please ensure proper risk management.
  • OECD: Fed and ECB Expected to Raise Rates Once More This Year, Stabilize by 2027

    On September 23, the OECD projected that the Federal Reserve and the European Central Bank will raise interest rates once more this year, followed by a stabilization of rates in 2027. The Bank of Japan is expected to raise its key interest rate to 2% by the end of 2027. The Bank of England is anticipated to keep rates unchanged for most of 2027, with the next policy action potentially being a rate cut.
  • BTC Surpasses $87,000

    Market data shows that BTC has surpassed $87,000, currently priced at $87,000.01, with a 24-hour increase of 1.73%. The market is highly volatile, so please ensure proper risk management.
  • Nasdaq Composite Index Surpasses June High, Sets New Record

    On September 22, the Nasdaq Composite Index expanded its early gains to 0.34%, reaching a new record high of 27,214.65 points.
  • Trump Expresses Desire to Meet Iranian Officials in New York if 'Conditions are Right'

    On September 22, CNN reported that U.S. President Trump has told his advisors that he hopes to meet with Iranian officials in New York if 'conditions are right.' The official stated that this meeting could also involve some of Trump's senior advisors who are accompanying him in New York, although no meetings have been scheduled yet. The official also mentioned that it is currently unclear whether Iran is willing to hold a potential meeting. Both Secretary of State Rubio and U.S. Ambassador to the United Nations Thomas-Greenfield have indicated that Trump is 'open' to meeting with Iranian officials.
  • Central Bank Reiterates: No Participation in Virtual Currency Activities

    On September 22, the People's Bank of China released financial education promotional content, reiterating the risks associated with virtual currencies. The central bank clarified that virtual currencies such as Bitcoin, Ethereum, and Tether are not legal tender, do not possess legal compensation, and cannot circulate in the market. Engaging in virtual currency-related businesses within the country is considered illegal financial activity and will be banned by law; foreign institutions are prohibited from illegally providing virtual currency services to domestic entities, and without permission, they cannot issue stablecoins pegged to the Renminbi abroad. The central bank advises the public to be cautious of virtual currency projects that claim high returns and guaranteed profits; do not participate in virtual currency trading, mining, or investment; refrain from joining cryptocurrency trading groups or visiting foreign trading platforms; do not lend bank cards or payment accounts, and refuse to act as currency dealers, U dealers, or fund runners. Any discovery of related illegal activities can be reported to regulatory authorities.
  • Kalshi Requests CFTC Approval for Margin Trading on Its Platform

    On September 22, event prediction platform Kalshi requested the U.S. Commodity Futures Trading Commission (CFTC) to allow margin trading on its platform.