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Former Coral Capital Executives to Adopt Financial Strategy for Cryptocurrency BNB, Building a 'Micro Model'

2025/06/24 08:59 (Updated 2025/06/24 10:00)
CoinPost
Written by L.Kikutani
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Former Coral Capital Executives to Adopt Financial Strategy for Cryptocurrency BNB, Building a 'Micro Model'

Surge in Companies Adopting Altcoins

According to a Bloomberg report on the 23rd, three former executives of Coral Capital, led by Patrick Horseman, are in the final stages of negotiations to establish a $100 million fund investing in Binance's BNB tokens. The team aims to complete the fundraising by the end of this month through a NASDAQ-listed company. The team plans to rename the company they intend to acquire to 'Build and Build Corporation' and start accumulating BNB tokens. This strategy is seen as following the Bitcoin reserve model pioneered by Michael Saylor's company.

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.14

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July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.