Applied DNA Sciences Unveils Private Placement of Up to $58 Million to Launch BNB Treasury Strategy and Generate Native Yield for BNB
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
0mins
Source: Newsfilter
Investment and Strategy Overview: Applied DNA Sciences announced a $58 million PIPE offering led by institutional investors to initiate a digital asset treasury strategy focused on BNB, the native cryptocurrency of Binance, aiming to enhance yield through active management and integration of DeFi protocols.
Leadership and Advisory Appointments: The company appointed notable figures, including Anthony Scaramucci and Patrick Horsman, to strengthen its advisory team, while also announcing a leadership change with Clay Shorrock as the new CEO, emphasizing a strategic focus on the BNB ecosystem for growth and value creation.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
