Internet reports that three former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger and Johnathan Pasch are advancing a plan to raise $100 million to acquire and hold BNB tokens through a Nasdaq-listed company they control. Sources revealed that the company will change its name to Build & Build Corporation after the fundraising is completed and officially begin to establish a corporate treasury with BNB as its core. If it is successfully implemented, it will become the first listed company to use BNB as its core reserve asset. The move is believed to be the evolution of another type of "crypto vault" operation after Michael Saylor's Strategy used Bitcoin as a corporate vault. In recent years, many institutions, including Tether, SoftBank Group, and Trump's social media companies, have followed up on crypto-asset holding plans, and some of them have turned to non-Bitcoin mainstream tokens such as Ethereum and Solana. (Bloomberg)