China Renaissance Holdings Limited, a leading investment bank listed on the Hong Kong Stock Exchange, has announced a strategic partnership with YZi Labs (formerly Binance Labs) that includes a direct $100 million investment in Binance Coin (BNB). This marks the first time a Hong Kong-listed company has added BNB to its digital asset portfolio, signaling a major institutional endorsement.
The partnership, formalized through a memorandum of understanding signed after trading hours on August 22, 2025, aims to support the adoption and implementation of the BNB Chain ecosystem. China Renaissance will leverage its financial expertise to strengthen the ecosystem while gaining access to investment opportunities within it. YZi Labs will provide strategic support including curated pipeline recommendations of vetted BNB ecosystem projects, brand support, and financial product design collaboration.
Beyond the direct investment, the partners plan to establish a multi-million dollar real-world asset fund to encourage other Hong Kong-listed companies to use BNB Chain for tokenizing real-world assets and stablecoin ventures. The bank also intends to collaborate with asset managers, including China Asset Management, to develop new Web3-focused fund products and champion the listing of BNB on fully regulated virtual asset exchanges in Hong Kong.
The company included standard disclaimers about the non-binding nature of the memorandum and the inherent volatility of digital assets, urging shareholders to exercise caution due to regulatory uncertainties.