HomeBinanceBank Integrations Grow: RAKBANK Adds BNB, Kazakhstan Tests Digital Tenge on BNB...

Bank Integrations Grow: RAKBANK Adds BNB, Kazakhstan Tests Digital Tenge on BNB Chain

- Advertisement -
  • Franklin Templeton partnership expands tokenized products on Binance; CEA Industries buys 30,000 BNB, raising treasury above 400,000 coins.
  • RAKBANK enables BNB transactions; Kazakhstan trials digital tenge on BNB chain; CZ urges banks adopt BNB, offering support.

The market value of Binance Coin now places it above the Union Bank of Switzerland. Current figures from September 2025 show BNB’s valuation has reached $130 billion. UBS maintains a market capitalization of $129.29 billion for the same period.

Binance founder Changpeng Zhao responded to this change. He publicly advised banks to start using BNB. Zhao also offered his direct support to financial institutions seeking to add the digital asset.

Concurrently, the price for one BNB token established a new record. Its value is $940.70. This figure indicates a three percent rise over twenty-four hours and a nine percent climb across seven days. Analyst Ali Martinez described the event as a bullish breakout. He further indicated a future price target of $1,300 appears possible.

Activity from larger institutions forms part of this movement. Binance recently announced a partnership with Franklin Templeton. Together, they intend to build digital asset products for investors. The collaboration will leverage Franklin Templeton’s background in regulated tokenized securities and the reach of the Binance platform.

Purchases by corporate treasuries are adding to this activity. CEA Industries acquired 30,000 BNB tokens, a purchase worth $26 million. This addition brings the firm’s total BNB holdings to more than 400,000 coins.

Recent banking integrations show a path toward wider use. RAKBANK, which operates in the United Arab Emirates, added BNB to the digital currencies on its platform. The bank’s customers can now transact directly with BNB through its mobile application.

Separately, the National Bank of Kazakhstan plans to build its digital tenge on the BNB blockchain. The bank has already conducted a trial for its digital currency. This test included both merchants and consumers inside the country.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES