China’s Former M&A King Bets Its Future on Crypto

China Renaissance, once hailed as China’s “M&A King,” is reshaping its future around digital assets. The boutique investment bank approved a $200 million allocation to Web3 in 2025. That includes $100 million invested in BNB Chain’s native token, BNB, through a strategic deal with YZi Labs, formerly Binance Labs. From M&A Legacy to Digital Assets The decision marks a turning point for the firm, which built its reputation brokering China’s landmark internet mergers source: https://beincrypto.com/chinas-former-mna-king-bets-its-future-on-crypto/