According to @cas_abbe, China Renaissance purchased about $100 million of BNB, which the author frames as a signal of a listed Hong Kong TradFi giant stepping into the BNB ecosystem with further long-term partnerships under discussion; source: @cas_abbe on X, Aug 22, 2025. According to @cas_abbe, this points to rising BNB demand against finite supply and supports a bullish stance on BNB; source: @cas_abbe on X, Aug 22, 2025.