According to online reports, Huaxing Capital announced that it has entered into a strategic cooperation memorandum with YZi Labs to support the application of BNB and the BNB Chain ecosystem and establish a mutually empowering cooperative relationship. Cooperation includes: strategic BNB special allocation led by Huaxing Capital: the company will invest approximately US$100 million to specially allocate BNB assets, and plans to become the first Hong Kong listed company to include BNB in the special digital asset allocation; promote Web3 eco-related measures and promote BNB's compliant exchange listing arrangements; promote Real World Assets (RWA) Fund and BNB Chain Ecosystem Project promotion.