Publicly traded companies are acquiring BNB tokens, with Applied DNA Sciences purchasing 4,908 BNB tokens valued at $5.3 million. The company closed a $27 million PIPE backed by DeFi and TradFi investors, giving them indirect ownership of 10,647 BNB. CEA Industries Inc. acquired 500,000 BNB and aims to own 1% of the total supply. China Renaissance Holdings Ltd. is raising $600 million to accumulate BNB in the US. BNB hit an all-time high of $1,370 despite criticism over Binance’s performance during the recent market crash. Binance faced backlash over technical glitches and altcoins crashing to zero, leading to a $400 million relief program and a $45 million BNB airdrop for affected traders. At the time of writing, BNB is trading around $1,080, down 21% from its peak.

Read more at CoinTelegraph: Applied DNA and CEA Industries add BNB to corporate treasuries