Bisheng Capital announces the establishment of a $100 million BNB ecosystem fund

On October 9, Bitrise Capital announced the official establishment of a $100 million BNB ecosystem fund, aimed at supporting high-quality projects and infrastructure built on BNB Chain. The fund has received an intention to subscribe and strategic support from the exchange-listed company Nano Labs (NASDAQ: NA). Founded in 2017, Bitrise Capital is an investment institution focused on the cryptocurrency and blockchain sector, mainly engaged in primary and secondary market investments as well as project incubation, currently managing over $500 million in assets. Nano Labs is a Web3 infrastructure company and the world's first listed company with a BNB strategic reserve.