BNB Surges 1.07% as Binance Eyes Golden Visa Program

BNB's latest price was $663.18, up 1.073% in the last 24 hours. Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, and also the top name for the associated altcoin BNB, came up with an intriguing suggestion for BNB. Zhao mentioned that if the United Arab Emirates has entered into a collaboration with Toncoin, where those who make a payment of $35,000 and stake $100,000 in TON for three years will have a golden visa valid for 10 years in the United Arab Emirates, then Binance will try a similar initiative for BNB. This means that in the near future, BNB holders can receive a golden visa from the United Arab Emirates if they pay a certain amount of money and additionally stake their BNB for a certain period of time. However, Zhao is still not sure about the authenticity of Toncoin’s announcement. According to Zhao, such an initiative should have come with a government partnership and announcement. Zhao said that it could still be true, but he has not received direct confirmation.

Nano Labs, a Singapore-based hardware firm, recently purchased $50 million worth of BNB, signaling the start of what could become a billion-dollar crypto treasury. The company is aiming to accumulate up to 10% of the total BNB supply, a goal that would require nearly $1 billion. Its crypto reserves, now holding around $160 million in BNB and Bitcoin, reflect a dramatic shift in strategy for the firm. However, investors aren’t fully convinced. After the BNB purchase, the company’s stock slipped over 6% across the day and after-hours trading. That’s a sharp contrast to the surge Nano Labs experienced earlier when it announced plans to raise $500 million through convertible notes to fund its crypto ambitions. The move isn’t without risk. BNB is still tightly held, with Binance and its former CEO reported to control the majority of circulating tokens. Critics, including SkyBridge Capital’s Anthony Scaramucci, have warned that corporate crypto plays can backfire if the capital structure and long-term value aren’t clearly mapped out. Founded by ex-Canaan executives in 2019, Nano Labs is now navigating uncharted territory—balancing chip design, token acquisition, and investor expectations, all while betting big on the future of crypto as a corporate reserve.

Nasdaq-listed technology firm Nano Labs has initiated a substantial investment in BNB, acquiring 74,315 tokens as the first phase of a broader strategy to accumulate the asset. This strategic move, executed in July 2025, positions BNB as a core component of the company’s digital asset portfolio, reflecting institutional confidence in the token’s long-term utility and ecosystem integration.

Binance’s founder recently signaled potential plans for a BNB-linked Golden Visa program, suggesting innovative pathways to enhance the token’s real-world applications. Though details remain undeveloped, the program would leverage BNB as a tool for residency facilitation, potentially broadening its adoption scope beyond traditional cryptocurrency use cases.

The token continues to demonstrate multifaceted utility within the Binance ecosystem, serving functions across trading platforms, decentralized finance services, and NFT marketplaces. Its embedded role in Binance Smart Chain further underpins value growth, enabling developers to deploy decentralized applications while directly benefiting from exchange-led ecosystem expansions and technical upgrades.

As institutional interest grows, BNB’s practical applications remain central to its adoption narrative. Features such as transaction fee discounts and governance capabilities strengthen its position as a functional asset, while ongoing integrations with emerging blockchain services showcase its adaptable framework within evolving industry landscapes.