Nano Labs Announces Strategic Partnership with Orbiter Finance to Launch Compliant Stablecoin Cross-Chain Solution NBNB.io

Rhea-AI Summary

Nano Labs (Nasdaq: NA) has announced a strategic partnership with Orbiter Finance to develop a compliant stablecoin cross-chain solution. The partnership will create a distribution and exchange service supporting multiple stablecoins pegged to USD, HKD, and offshore RMB.

The solution, tentatively named NBNB.io, will combine Orbiter Finance's multi-chain capabilities with Nano Labs' Web3.0 expertise to enable low-cost, compliant cross-chain transfers. The service is scheduled to launch in Q4 2025, with plans to expand blockchain support and drive institutional adoption.

Positive

• Strategic partnership with Orbiter Finance expands company's presence in the stablecoin market
• Product launch in Q4 2025 provides new revenue stream potential
• Multi-chain support capabilities enhance service offering
• Positions company for institutional market expansion

Negative

• Product launch timeline extends to Q4 2025, indicating delayed revenue impact
• Faces potential regulatory challenges in stablecoin compliance
• Competition from established cross-chain solutions

HONG KONG, July 08, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced a strategic partnership with Layer 2 cross-chain bridge protocol Orbiter Finance to jointly develop a compliant stablecoin distribution and exchange service across multiple networks. The service will support various compliant stablecoins, including those pegged to USD, HKD, offshore RMB.

Leveraging Orbiter Finance’s multi-chain support capabilities alongside Nano Labs’ expertise in Web3.0, the new solution aims to provide users with low-cost, compliant cross-chain transfers and mainstream token exchanges. The initial product is expected to launch in Q4 2025, with the tentative domain name NBNB.io.

Built on a secure and efficient cross-chain infrastructure for stablecoins, this collaboration is designed to promote the widespread adoption of compliant stablecoins across both DeFi and traditional finance sectors.

Looking ahead, both parties plan to expand support for additional blockchains and drive adoption in institutional-grade applications.

About Orbiter Finance

Orbiter Finance is a leading Layer 2 cross-chain bridge protocol that has processed over USD 23 billion in transaction volume to date.

About Nano Labs Ltd

Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, Nano Labs has actively positioned itself in the digital assets space, adopting BNB as its primary reserve asset. It has accumulated nearly US$160 million in mainstream digital currencies including BNB and BTC, and established an integrated platform covering multiple business verticals, including HTC solutions and HPC solutions*. For more information, please visit the Company’s website at: ir.nano.cn.

*  According to an industry report prepared by Frost & Sullivan.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For investor inquiries, please contact:

Nano Labs Ltd
ir@nano.cn

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

FAQ

What is the new partnership between Nano Labs (Nasdaq: NA) and Orbiter Finance?

Nano Labs and Orbiter Finance are partnering to develop NBNB.io, a compliant stablecoin distribution and exchange service that will support multiple networks and stablecoins pegged to USD, HKD, and offshore RMB.

When will Nano Labs (NA) launch the NBNB.io platform?

The NBNB.io platform is scheduled to launch in Q4 2025.

What types of stablecoins will NBNB.io support?

NBNB.io will support various compliant stablecoins pegged to USD, HKD, and offshore RMB.

How will the Nano Labs and Orbiter Finance partnership benefit users?

The partnership will provide users with low-cost, compliant cross-chain transfers and mainstream token exchanges, leveraging Orbiter Finance's multi-chain capabilities and Nano Labs' Web3.0 expertise.

What are the future plans for Nano Labs' NBNB.io platform?

Nano Labs plans to expand blockchain support and drive adoption in institutional-grade applications, promoting widespread adoption of compliant stablecoins across DeFi and traditional finance sectors.