Hash Global Research

We are proud to announce that our institutional version of the BNB Yield Fund — BNB Holdings Fund — has received a $100 million strategic commitment from YZi Labs @yzilabs . This latest investment marks the formal transition of BNB into a structurally advanced stage of institutionalization. As KK @longwinsk Founder of Hash Global, noted: “BNB’s institutionalization should not be viewed merely as portfolio inclusion, but as a structural alignment between capital and ecosystem development. The ecosystem co-building model is the defining feature that differentiates BNB from other digital assets”. BNB’s institutional era enters a new and substantive phase! Full details here:👇 secondary.hashglobal.io/article-202603… #BNB #Web3 #HashGlobal #YZiLabs

Lorenzo Protocol 🤝 @HashGlobal We’ve formed a strategic collaboration with Hash Global, a leading Web3 investment firm managing over $200M in assets, an early BNB Chain validator, and long-term supporter of the BNB ecosystem. Lorenzo will launch BNB+ OTF, a next-generation yield product built around institutional-grade BNB strategies. Stay tuned for our next update!

📢 𝗖𝗼𝗺𝗶𝗻𝗴 𝗦𝗼𝗼𝗻: BNB-Focused Tokenized Fund by DigiFT x Hash Global Excited that we’re launching a BNB-focused tokenized fund in collaboration with @HashGlobal—giving accredited & institutional investors regulated access to BNB, the core asset of the BNB Chain ecosystem! ✔️ BVI-registered professional fund ✔️ Long-term BNB holding + Launchpool & airdrops ✔️ Managed by HG + custody by @CeffuGlobal ✔️ Tokenized on @BNBCHAIN Read more: insights.digift.io/digift-and-has…

Excited to have the support of @yzilabs for our First Compliant BNB Yield Fund — bridging TradFi capital with the fast-growing BNB ecosystem. We see BNB’s role in Web3 as pivotal, much like Nvidia’s in semiconductors. With partners like @KGIAsia, we’re making secure, liquid, yield-driven products accessible to more investors. 🤝 👉 Learn more: secondary.hashglobal.io/hg-yzi-en.html

Hash Global 正式发布最新研究论文《价值功能性代币的估值方法》，首次提出「价值功能性代币」这一核心概念，聚焦如何识别具备价值支撑与真实用途的代币资产，并构建一套系统化的估值框架。📊 报告以 BNB 为代表性案例，深入分析其经济模型、链上应用与估值逻辑，为行业提供定量视角下的长期价值判断方法。 📌 报告核心亮点： 1️⃣ 首次系统提出「价值功能性代币」概念，强调代币同时具备价值捕获能力与功能使用价值； 2️⃣ 创新性构建基于货币方程式 与 DCF模型相结合的估值体系，区别于传统技术分析路径，更注重对代币使用价值与内在收益的刻画； 3️⃣ 以 BNB 为研究样本，深入剖析其通缩模型、生态驱动逻辑与链上使用率，提出中长期估值参考。自 2019 年首次发布估值模型以来，过去六年该模型的有效性已被市场初步验证✅。 📖 该报告是 Hash Global 长期研究积累的重要成果，旨在为行业提供一套可复制、可实操的估值方法论框架。 🔗 获取报告全文 👉 hashglobal.io/blog

KGI is proud to be the FIRST wealth manager to onboard the @HashGlobal BNB Yield Fund, offering clients access to digital asset-related investments for strategic asset allocation and portfolio diversification. #WealthManagement #DigitalAssets #BNB bit.ly/4nj2Mze

Amber International (Nasdaq: AMBR) is partnering with @HashGlobal on the BNB Fund, supporting the growing institutional momentum around the @BNBCHAIN ecosystem. Part of $AMBR’s US$100M crypto ecosystem reserve, this initiative is a meaningful step in its efforts to expand access to blockchain-native yield opportunities. markets.ft.com/data/announce/…

今天我们很高兴为大家带来《Hash Global BNB估值报告》——这是Hash Global BNB价值分析系列的第五篇🎉 自2019年起，Hash Global 便前瞻性地看好BNB作为跨周期持有的价值投资标的，并率先构建了基于货币方程式的估值模型。此后三年，我们看到币安生态高速扩张，推动BNB快速实现了我们当初的价格预测。 近年，币安经历了内部调整与阶段性蛰伏。但自2025年起，我们观察到币安已显著转变“守势”状态：在美国政策态度转向与行业迈入关键发展期的背景下，币安创始人及团队在链上技术、交易所运营、产品功能与玩法模式等方面持续发力、不断创新。 我们认为，币安生态近期的高速发展正为BNB带来全新的价值重估契机。基于对生态现状的最新理解（搭配《超越比特币，BNB 何以成为加密市场的隐形赢家？》techflowpost.com/article/detail…一起食用更佳），我们在本期报告中对BNB的合理估值已上调至2000美元以上，较当前价格仍有近三倍上行空间，市值有望突破3000亿美元，甚至超越以太坊。 Let’s dive in⬇️🧵. 共创感谢 🎉 @ARSHenry1 @longwinsk @Walter_JCHuang @HashGlobal_R