Windtree to Launch $60M Crypto Strategy Focused on BNB Ecosystem

Windtree Therapeutics, a Nasdaq-listed company, has signed a $60 million agreement with Build and Build Corp to develop a crypto treasury strategy focused on BNB, the native token of the Binance Smart Chain. The deal includes the option for an additional $140 million in future subscriptions, potentially bringing the total investment to $200 million, pending shareholder approval and other conditions. If finalized, Windtree would be the first Nasdaq-listed company to hold BNB directly. The company intends to use the funds to acquire BNB tokens, shares of the Osprey BNB Chain Trust, and establish infrastructure for custody, security, and potential yield activities. The goal is to provide investors with a regulated way to access Binance and BNB, addressing the limited regulated channels currently available in the U.S. for BNB exposure.