Nano Labs invests $5 million in CEA Industries to build BNB reserves

Published 30/07/2025, 11:04

Nano Labs Ltd (NA) announced it has entered into a strategic equity investment agreement with CEA Industries Inc. (VAPE) as part of its cryptocurrency reserve strategy.

Under the agreement, Nano Labs subscribed for 495,050 shares of CEA Industries’ Class A common stock at $10.10 per share. The investment includes 495,050 warrants with an exercise price of $15.15 per share, potentially allowing Nano Labs to hold up to 990,100 shares if fully exercised.

The investment forms part of CEA Industries’ $500 million Private Investment in Public Equity financing plan. Proceeds will primarily fund BNB acquisitions, with remaining funds allocated to working capital, transaction fees, and general corporate purposes.

CEA Industries, previously focused on the Canadian nicotine vape industry, intends to adopt a BNB Treasury strategy following the PIPE closing. The company aims to provide institutional and retail investors access to the BNB Chain ecosystem.

Nano Labs currently holds approximately 128,000 BNB tokens. The company describes this investment as part of its ongoing initiative to build cryptocurrency reserves and enhance its position across major blockchain ecosystems.

The transaction closing remains subject to customary conditions, with no guarantee of completion. Nano Labs operates as a Web 3.0 infrastructure provider in China, developing high throughput and high performance computing chips while maintaining digital asset reserves primarily in BNB and Bitcoin.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.