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Nano Labs Ltd (NA) provides investors and technology stakeholders with centralized access to official announcements and market developments from this innovative fabless IC designer. Track the company's advancements in high throughput computing chips, distributed storage solutions, and strategic blockchain integrations through verified press releases and financial disclosures.
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All content undergoes strict verification to ensure accuracy and relevance. The curated news feed enables efficient tracking of NA's progress in key areas: HTC/HPC chip design, smart NIC implementations, and distributed computing infrastructure. Regular updates reflect the company's agile response to evolving tech demands across AI hardware and edge computing sectors.
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Nano Labs (Nasdaq: NA), a Web 3.0 infrastructure provider in China, has announced the establishment of the "Nano bit Blockchain Research Fund" at Peking University's Guanghua School of Management through its subsidiary Zhejiang Nanomicro Technology.
The fund aims to support academic research, talent development, and institutional advancement in blockchain, digital finance, and digital economy. This initiative aligns with China's national strategy to promote digital economy development and foster industry-academia collaboration.
The fund will operate under Guanghua School's governance protocols, with Nano Labs committing to ensure compliance and sustainable contribution to academic research.
[]Nano Labs (NASDAQ: NA) has appointed Ms. Can Yang as Senior Vice President of its subsidiary Nano bit HK Limited. Yang brings over 15 years of experience in finance and investment, including her role as founding partner at Aquarius Capital where she oversaw a $600M+ Bitcoin liquidity fund.
Yang's extensive background includes positions at Hanfor Capital Management, where she participated in NIO's B round financing, and experience at Deloitte. In her new role, she will lead Nano bit's digital currency strategic reserves initiatives and strengthen the company's BNB reserve capabilities. The company currently holds approximately 120,000 BNB in reserves.
Nano Labs (Nasdaq: NA), a Web 3.0 infrastructure provider, has significantly expanded its BNB holdings to 120,000 tokens, valued at approximately US$90 million. The company recently acquired an additional 45,684.99 BNB through OTC transactions at an average price of US$764 per token.
The company's total BNB position was accumulated at an average cost of US$707 per token. Nano Labs plans to further enhance its BNB strategic reserve through continued accumulation, acquiring stakes in BNB-focused reserve entities, and investing in companies holding BNB as a core reserve asset.
Nano Labs (NASDAQ: NA) has appointed Dr. Kailong Cai as CEO of its wholly-owned subsidiary, Nano bit HK Limited. Dr. Cai, a finance Ph.D. holder and former Jasper Crypto Fund partner, brings extensive experience in crypto finance and international markets.
Dr. Cai's background includes serving as chief strategy officer at Huobi Group (HTX) and working at Deutsche Bank on Wall Street. He holds both CFA and FRM certifications, with expertise in fintech, blockchain, and asset management.
The appointment aligns with Nano Labs' strategy to become a leading cryptocurrency reserve enterprise in Asia. Under Dr. Cai's leadership, the company plans to accelerate crypto asset reserves, optimize asset-liability structure, and expand globally.
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.
Nano Labs (NASDAQ:NA) has issued a correction to its July 3rd press release regarding its purchase of BNB tokens. The company acquired 74,315 BNB tokens through OTC trading at an average price of $672.45, totaling approximately $50 million.
With this purchase, Nano Labs' total digital currency reserves, including Bitcoin and BNB, have reached $160 million. The company has ambitious plans to acquire up to $1 billion worth of BNB through convertible notes and private placements, with a long-term goal of holding 5% to 10% of BNB's total circulating supply.
Nano Labs (Nasdaq: NA) has announced a significant expansion of its digital asset holdings through the purchase of 74,315 BNB tokens for approximately US$50 million via OTC trading at an average price of US$672.45 per token.
The transaction has increased the company's total mainstream digital currency reserves to around US$160 million. This purchase represents the initial phase of Nano Labs' strategic BNB acquisition plan, with ambitious goals to acquire up to US$1 billion worth of BNB through convertible notes and private placements. The company's long-term objective is to hold between 5% to 10% of BNB's total circulating supply.
Nano Labs (Nasdaq: NA), a Web 3.0 infrastructure provider in China, has announced a $50.0 million registered direct offering and concurrent private placement. The company will issue 5,952,381 Class A ordinary shares at a combined effective price of $8.40 per share with accompanying warrants.
The warrants, exercisable immediately with a $10.00 initial exercise price, will expire in five years. The proceeds will be used to acquire BNB (Binance Coin) as part of the company's digital asset strategy. The offering, managed by Maxim Group LLC, is expected to close around June 27, 2025.
Nano Labs (Nasdaq: NA) has announced a significant financial move, entering into a US$500 million convertible notes purchase agreement with several investors. The notes will mature in 360 days with no interest and are convertible into Class A ordinary shares at an initial price of US$20 per share.
This agreement is part of a larger strategic initiative where Nano Labs plans to acquire US$1 billion worth of BNB through convertible notes and private placements. The company's long-term goal is to hold 5% to 10% of BNB's total circulating supply.
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