TLDR:
- Windtree plans to hold BNB and Osprey BNB Chain Trust shares with $60M funding.
- The deal includes a potential $200M total investment led by Build and Build Corp.
- If approved, it marks the first BNB exposure by a U.S.-listed public company.
- BNB sentiment and trading activity surged following Windtree’s strategic announcement.
Windtree Therapeutics has made crypto history. The U.S.-listed biotech firm is diving deep into the digital asset space.
With a $60 million investment deal led by Build and Build Corp, Windtree is launching a BNB-based crypto treasury strategy. It could secure up to $200 million in total funding.
Once finalized, this move will make Windtree the first NASDAQ company with direct BNB exposure.
Windtree Sets Bold Crypto Strategy in Motion
The company plans to use the initial $60 million to hold BNB and shares of Osprey BNB Chain Trust. Another $140 million could follow through with additional subscriptions.
Windtree confirmed these funds will support its BNB-focused treasury approach, including custody and yield strategies.
According to a press statement, the transaction is still subject to shareholder approval and other conditions. If approved, Windtree will be the first U.S. public company to hold BNB directly on its balance sheet.
The firm is positioning itself at the center of Binance’s growing ecosystem.
Build and Build Corp led the deal and expressed strong support for Windtree’s crypto direction. Patrick Horsman, a director at the firm, said the goal is to fill a gap in U.S. markets. He noted investors have limited options for regulated exposure to BNB and Binance.
U.S.-listed Windtree Therapeutics has signed a $60M investment deal with Build and Build Corp to launch a BNB crypto treasury strategy, with up to $140M in additional subscriptions. Upon closing, it will become the first NASDAQ company to offer direct BNB exposure.…
— Wu Blockchain (@WuBlockchain) July 16, 2025
The Binance ecosystem is a global heavyweight. Its token, BNB, is one of the top five cryptocurrencies by market cap, with over $2 billion in daily trading volume. It powers a large network of decentralized apps and holds dominant market share across Asia.
Social Buzz Points to Investor Confidence
Market watchers are paying close attention. According to @AlvaApp, sentiment around BNB has spiked since the announcement. Traders see this as a signal that BNB is maturing into a legitimate reserve asset.
The token’s technical setup also looks solid. BNB is holding support at $690 and faces resistance at $707. Volume is tightening, and indicators suggest a bullish reversal could form if momentum builds.
Windtree’s decision could reshape how public firms approach crypto. With BNB now on a NASDAQ company’s books, institutional interest in exchange tokens may grow. Investors are now watching to see if others follow Windtree’s lead, and what that means for BNB’s long-term value.
This move doesn’t just add BNB to a balance sheet. It signals that major public companies may soon treat exchange tokens as strategic assets.