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Huaxing Bank is in talks to establish a $600 million fund to invest in BNB, with YZI Labs participating.
[China Renaissance is negotiating the establishment of a $600 million fund to invest in BNB, with YZI Labs participating] According to Bloomberg, China Renaissance is in discussions with investors to raise approximately $600 million to set up a special investment vehicle for investing in BNB, and YZI Labs is expected to participate in the project.