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.
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