CoinShares Launches BNB ETP in Europe with 0% Management Fees and 0.25% Staking Yield [Yahoo! Finance]
Vine Hill Capital Investment Corp. - Unit (VCICU)
Company Research
Source: Yahoo! Finance
Stockholm: CS; US OTCQX: CNSRF), with an announced merger with Vine Hill Capital Investment Corp (Nasdaq: VCIC), the European leading investment company specialising in digital assets with over $6 billion in assets under management, today announces the launch of CoinShares BNB Staking ETP (Ticker: CBNB), expanding its range of physically-backed digital asset exchange-traded products available to European investors. The product offers 0% management fees, 0.25% staking yield and is 100% backed by on-chain BNB holdings, providing investors with regulated exposure to the BNB Chain ecosystem through their existing brokerage accounts. BNB is the native token of BNB Chain formerly the Binance Smart Chain, one of the world's largest blockchain ecosystems by transaction volume and total value locked. The network powers thousands of decentralized applications across DeFi, gaming, and real-world asset tokenization, with over $17 billion in TVL and more than 30 million daily transactions. BNB
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