CBI invests in the new BNB Treasury Company, VAPE

CRYPTO BLOCKCHAIN INDUSTRIES (CBI) announced its participation in the founding round of VAPE, a new NASDAQ-listed company created with the support of YZi Labs. This ambitious project aims to raise an initial $500 million, potentially reaching $1.25 billion, with participation from more than 140 institutional investors. CBI acquired 49,505 shares of VAPE at a price of $10.10 per share, also receiving warrants to purchase an equivalent number of additional shares at $15.15 over a three-year period.

On July 29, 2025, VAPE stock closed at $40.98 on the NASDAQ. VAPE's management team, comprised of experienced professionals such as David Namdar and Russell Read, will be supported by 10X Capital and YZi Labs to manage BNB's treasury strategy. While promising, this investment carries risks due to the uncertainties and volatility associated with cryptoassets.