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Nasdaq-listed digital asset treasury company BNB Plus Corp. (BNBX) announced it has received a preliminary commitment for $4.1 million in convertible preferred stock financing, with an expected increase to $5 million.
This round of funding will be used to strengthen the company's digital asset treasury and support a comprehensive strategic assessment of digital assets, biotechnology businesses, and capital structure.
The financing involved investors such as Comstock Multichain Fund under Silvermine Capital, and the company will also establish an advisory arrangement with Web3 infrastructure company GlobalStake, focusing on evaluating potential monetization pathways for digital assets and AI infrastructure.