Bitrise Capital Announces the Establishment of a $100 Million BNB Ecosystem Fund

On October 9, it was announced that Bitrise Capital has officially established a $100 million dedicated BNB ecosystem fund aimed at supporting high-quality projects and infrastructure built on the BNB Chain. The fund has received intent for subscription and strategic support from Nasdaq-listed company Nano Labs (NASDAQ: NA). Founded in 2017, Bitrise Capital is an investment institution focused on the cryptocurrency and blockchain sectors, primarily engaged in primary and secondary market investments as well as project incubation. It currently manages over $500 million in assets. Nano Labs is a Web3 infrastructure company and the world’s first publicly listed company holding BNB strategic reserves.