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Wendy Oยท2025-07-22 20:12

Strategic Partnership - Windtree Therapeutics (WINT), a Nasdaq-listed biotech firm, partners with Kraken for crypto treasury management [1] - This marks the first Nasdaq-listed firm to directly hold BNB for treasury purposes [1] - The partnership aims to bridge traditional shareholders with DeFi on Binance Smart Chain [2] Treasury Management - Kraken will handle custody, trading, and OTC execution for Windtree's BNB assets [1] - Windtree's crypto treasury strategy focuses on BNB, valued at $200 million [1] - $60 million has already been raised, with plans for up to $140 million more [1] Regulatory and Shareholder Considerations - The move is pending shareholder and regulatory approval [2]