Liminatus Pharma Surges Over 5% After Announcing $500M BNB Investment Strategy

TradingKey

AuthorBlock Tao

Jul 28, 2025 12:29 PM

View all comments（0）



TradingKey – On Monday, July 28, Nasdaq-listed Liminatus Pharma Inc. (LIMN) jumped 5.28% in pre-market trading after unveiling plans to launch a dedicated crypto subsidiary focused on Binance Coin (BNB).

Liminatus Pharma Stock Chart – Source: Google

Liminatus, a preclinical-stage cancer immunotherapy company, announced it will form a new subsidiary called “American BNB Strategy” to manage and invest in BNB, the native token of the Binance ecosystem.

The company aims to raise up to $500 million, deploying funds in phased investments targeting long-term BNB accumulation
This move positions Liminatus alongside other corporate BNB holders like Nano Labs (NA), which currently holds 128,000 BNB

Coincidentally, the price of BNB soared above $850 today, setting a new record high. In the past 24 hours, BNB rose by more than 6%, reaching a high of $859 and temporarily reported at $849.

altText

BNB price chart (1 hour), source: TradingView

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

SK Hynix Wage Dispute Ends as Union Agrees to Receive Bonuses in 50% Cash and 50% Stock

The SK Hynix labor union has approved a new wage agreement, under which bonuses will be distributed in an equal split of cash and stock.

Bitcoin Falls Below $75,000, Crypto Stocks Plunge as Clarity Act Vote Fails

The procedural vote on the Clarity Act failed, sending Bitcoin below $75,000 and causing crypto stocks to plunge across the board.

Today’s Market Recap: US Crypto Bill Stalls, Bitcoin Drops Below $76,000, COIN Tumbles 10%, Market Focuses on Fed Decision

TradingKey - On September 15, Eastern Time, the three major U.S. stock indices fell for a second consecutive trading session. International oil prices surged again, and the 10-year U.S. Treasury yield rose to its highest level since 2007, while investors awaited the Federal Reserve's interest rate d

US Stocks Fall, Dow Drops Over 300 Points as 10-Year Treasury Yield Surges to Nearly 19-Year High; Chip Stocks Buck Trend, SpaceX Drops Over 3%

The 10-year U.S. Treasury yield briefly surged to its highest level since 2007, while international crude oil prices surpassed $100, both weighing on market sentiment as U.S. equities extended their decline, though chip stocks bucked the trend to post gains. At the close, the Dow Jones Industrial Average fell 0.63% to 52,093.11; the Nasdaq Composite Index dropped 0.78% to 25,981.57; and the S&P 500 Index slipped 0.45% to 7,585.73.

Cryptos Decline Broadly, XRP Plunges Over 10% as CLARITY Act Fails to Pass US Senate

On September 15 ET, voting on the CLARITY Act in the U.S. Senate concluded with 50 votes in favor and 50 against, falling short of the 60-vote procedural threshold required to initiate full floor debate.

Featured Tools