Nano Labs Launches “NBNB Program” to Advance RWA Infrastructure and Compliance Ecosystem on BNB Chain
Rhea-AI Summary
Nano Labs (Nasdaq: NA) announced the launch of the Next Big BNB Program (NBNB Program) on Nov 26, 2025 to build Real World Assets (RWA) infrastructure and a compliance ecosystem on BNB Chain.
The program targets multiple asset classes including equities, bonds, new energy and real estate, and will focus on tokenization, custody, auditing, ratings and regulatory compliance frameworks, plus incubation and integration of compliant RWA projects to connect the real economy with on-chain finance.
Management said Nano Labs will work with BNB Chain to create an open, transparent RWA ecosystem aimed at supporting Web3 growth.
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News Market Reaction
On the day this news was published, NA gained 3.02%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $129M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Most semiconductor peers were modestly negative (e.g., GSIT -1.85%, ICG -1.26%, SQNS -1.41%, MX -0.34%), while MRAM rose 5.54%. Momentum scanners only flagged GCTS down about 4.70%, suggesting NA’s setup was more stock-specific than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 02 | AGM announcement | Neutral | -0.2% | Annual meeting details with potential share structure and governance changes. |
| Nov 26 | RWA program launch | Positive | +3.0% | Launch of NBNB Program to build RWA infrastructure on BNB Chain. |
| Nov 12 | Bond prepayment | Positive | +5.0% | Early repayment of convertible bonds using BTC to reduce risk exposure. |
| Oct 15 | Share repurchase plan | Positive | -2.0% | Authorization of up to US$25.0 million share repurchase over 12 months. |
| Sep 30 | Tokenized equities MoU | Positive | +3.9% | MoU with TradeUP Securities to develop tokenized U.S. equities products. |
Recent strategically positive announcements (RWA initiatives, bond prepayment, tokenized equities MoU) mostly saw aligned positive price reactions, with one divergence on the buyback news.
Over the last several months, Nano Labs released a series of Web3- and capital-structure-focused updates. On Sep 30, 2025, it signed an MoU with TradeUP Securities to pursue tokenized U.S. equities, followed by a US$25.0 million share repurchase authorization on Oct 15. In November, it prepaid convertible bonds using 300 BTC plus compensation, then launched the NBNB RWA program on Nov 26. An AGM notice on Dec 2 outlined potential share consolidation/sub-division and governance changes. The NBNB launch continues this RWA/tokenization strategy.
Regulatory & Risk Context
The company has an active F-3 shelf filed on 2025-07-09, with at least two recorded usages via 424B3 and 424B5 prospectus supplements. This framework allows Nano Labs to issue securities more flexibly, which can support funding for Web3 and RWA initiatives but may also introduce dilution when utilized.
Market Pulse Summary
This announcement extends Nano Labs’ push into Real World Assets, outlining the NBNB Program to build tokenization, custody and compliance capabilities on BNB Chain across equities, bonds, new energy and real estate. It follows earlier moves including a US$25.0 million buyback plan, BTC-funded bond prepayment, and a tokenized U.S. equities MoU, underscoring a consistent Web3 strategy. Investors may watch how this program leverages the existing shelf and ATM structures and how quickly concrete RWA projects emerge.
Key Terms
real world assets financial
bnb chain technical
asset tokenization technical
AI-generated analysis. Not financial advice.
HONG KONG, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced the launch of its new Real World Assets (“RWA”) strategic initiative: the Next Big BNB Program (the “NBNB Program”). This program aims to develop a comprehensive RWA infrastructure and compliance ecosystem on BNB Chain, spanning asset classes such as equities, bonds, new energy and real estate. Its mission is to help build a next-generation financial system that seamlessly connects the real economy with the on-chain world.
Under the NBNB Program, Nano Labs will focus on:
- RWA Infrastructure & Compliance Framework Development: Delivering foundational support for asset tokenization, custody, auditing, rating and regulatory compliance frameworks;
- Ecosystem Incubation & Integration: Accelerating the incubation of innovative RWA projects that prioritize compliance, transparency and security, strengthening the bridge between the real-world and the blockchain economies.
Mr. Jianping Kong, Chairman and CEO of Nano Labs, said: “Nano Labs will work closely with BNB Chain to build an open, diverse, compliant and highly transparent RWA ecosystem, driving the next growth cycle of Web3.”
About Nano Labs Ltd
Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider. 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 crypto assets space, adopting BNB as its primary reserve asset. It has reserved in mainstream cryptocurrencies 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.
Investor Contact:
Nano Labs Ltd
Email: ir@nano.cn
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
What is the NBNB Program announced by Nano Labs (NA) on Nov 26, 2025?
How will Nano Labs (NA) support asset tokenization under the NBNB Program?
Which asset classes does Nano Labs (NA) intend to include in the NBNB Program?
Will the NBNB Program involve partnerships with BNB Chain?
Does the NBNB Program include incubation for RWA projects and timelines?
What is the stated goal of Nano Labs (NA) for launching the NBNB Program?
