Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Bitcoin Flat as Markets Await Fed Decision

July 30, 2025

Ethereum (ETH) Nears Critical $4,000 Level, but Profit-Taking Risk Looms: Market Top?

July 30, 2025

PENGU Community Rocked by $66 Million Team Dump and Flood of Scammers

July 30, 2025

Lombard Finance Launches LBTC on Etherlink, Bringing Bitcoin to Tezos Layer 2

July 30, 2025

Crypto Has a Comms Issue

July 30, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Rakbank Introduces AED-Based Crypto Trading for UAE Clients

    July 30, 2025

    Ripple Price Reversal Incoming as Investors Pull XRP Off Exchanges?

    July 30, 2025

    Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

    July 29, 2025

    Queens Park Rangers and TokenFi Announces New Partnership

    July 29, 2025

    Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says

    July 29, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Markets » VAPE Stock Skyrockets 700% on $500 Million BNB Crypto Treasury Plan
Markets

VAPE Stock Skyrockets 700% on $500 Million BNB Crypto Treasury Plan

Crypto Observer StaffBy Crypto Observer StaffJuly 29, 2025No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Shares of consumer products firm CEA Industries (VAPE) are up more than 700% on Monday as the firm announced plans to begin a $500 million crypto treasury centered on BNB, the cryptocurrency launched by top exchange Binance.

The firm, in collaboration with 10x Capital and YZi Labs, is raising $500 million via a private investment in public equity (PIPE) offering, with another $750 million in cash available via exercised warrants. That would potentially grant it around $1.25 billion in proceeds that it would use to purchase BNB, the fifth-largest crypto asset by market cap. 

“BNB Chain is one of the most widely used blockchain ecosystems globally, yet institutional access has been limited until now,” said 10X Capital Partner and incoming CEA Industries CEO David Namdar, in a statement. 

“By creating a U.S.-listed treasury vehicle, we are opening the door for traditional investors to participate in a transparent way. This is a significant step in bridging digital assets and mainstream capital markets.”

CEA Industries works in the Canadian vape market following the June closing of its acquisition of Fat Panda, a vape retail chain and product manufacturer. The firm also adopted the VAPE ticker last month, after previously trading under CEAD.

Closing of the financing deal is expected to take place on July 31, at which point the firm will begin its BNB acquisitions. After its initial purchases, CEA Industries intends to scale its holdings over the next “12-24 months” using at-the-money (ATM) offerings and “other proven strategies” to do so. 

Michael Saylor’s firm Strategy (formerly MicroStrategy) popularized the crypto treasury vehicle playbook that has gripped public markets of late, using a variety of financing tactics—like the sale of convertible notes and preferred stock offerings—to raise funds and accumulate Bitcoin. Strategy now holds nearly $72 billion worth of Bitcoin.

CEA Industries may do more than accumulate BNB, though, as the firm aims to evaluate opportunities in staking and DeFi in the BNB ecosystem to generate revenue via its treasury. 

“When YZi Labs first announced our support earlier this month, it was because we recognized the institutional potential of a publicly listed BNB treasury vehicle.” said Ella Zhang, head of YZi Labs, in a statement. “With the successful announcement of this PIPE, that conviction is now validated. We’re proud to see this vision come to life—expanding BNB’s utility and institutional access in a meaningful and sustainable way.”

Venture capital firm YZi Labs was formerly known as Binance Labs, and is now the family office of Binance co-founders Changpeng Zhao and his partner Yi He.

The firm is not the first publicly traded company to tap BNB for its treasury. In June, publicly traded blockchain infrastructure firm Nano Labs announced it would start a treasury focused on BNB, sending its stock up nearly 3x in the process. Last week, drug company Windtree Therapeutics announced plans to buy up to $700 million of the token, though shares fell on the day of the announcement. 

BNB is outperforming all other major crypto tokens, jumping 2.3% in the last 24 hours as it set a new all-time high of $858.34. It has since retraced around 2.5% and is trading at $838.42. 

At $75.00, shares of VAPE are now up around 851% year-to-date, buoyed by Monday’s gain of more than 700%.

Read the full article here

Fintech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Has a Comms Issue

July 30, 2025

Crypto Prime Broker FalconX Enters Latin America to Target Institutional Digital Asset Clients

July 30, 2025

Mill City Ventures to Acquire $450M in SUI Tokens Through Private Placement

July 30, 2025

Coinbase Decides to List the Most Popular Altcoin of Recent Days

July 30, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Bitcoin Flat as Markets Await Fed Decision

July 30, 2025

Ethereum (ETH) Nears Critical $4,000 Level, but Profit-Taking Risk Looms: Market Top?

July 30, 2025

PENGU Community Rocked by $66 Million Team Dump and Flood of Scammers

July 30, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ripple Price Reversal Incoming as Investors Pull XRP Off Exchanges?

July 30, 2025

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

July 29, 2025

Queens Park Rangers and TokenFi Announces New Partnership

July 29, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.