CEA Industries is establishing a $500 million crypto treasury and has opted for BNB, the cryptocurrency launched by Binance, instead of Bitcoin or Ethereum. Incoming CEO David Namdar believes BNB has evolved beyond its origins and has not received adequate attention, particularly among Western investors. He noted the potential for BNB, linking it with future opportunities in AI and robotics. CEA's plan involves raising capital through a private investment offering, hoping to increase BNB's profile in the West and attract more investors. Recent market activities indicate strong interest in BNB, with predictions of over a 300% price increase by 2028. Shares of CEA Industries, trading under the ticker VAPE, surged more than 700% following the announcement of this ambitious treasury plan. Namdar aims to boost both CEA's value and the awareness of BNB's ecosystem amid a significant opportunity for growth at its core.

Source 🔗