New York, U.S., July 22, 2025 – In response to the newest filings with the U.S. Securities and Change Fee (SEC), Citadel, one of many world’s largest hedge funds, and Heights Capital Administration, an affiliate of Susquehanna Worldwide Group (SIG), have each initiated positions in Nano Labs Ltd. (NASDAQ: NA), a U.S.-listed firm. Collectively, the 2 establishments now maintain shut to twenty% of Nano Labs’ public float.
The filings reveal that Citadel, by way of a number of affiliated entities, holds roughly 2.08 million Class A peculiar shares, accounting for 9.5% of the corporate’s publicly traded shares. Citadel explicitly said that this funding is solely monetary in nature, with no intention to hunt management or take part in company governance. This stance has been interpreted by the market as a vote of confidence within the long-term potential of Nano Labs, with Citadel selecting to enter as a “strategic companion.”
Based by famend monetary titan Ken Griffin, Citadel manages a whole lot of billions of {dollars} and is extensively thought to be probably the most highly effective forces on Wall Avenue, identified for its strong analysis, data, and buying and selling infrastructure.
On the identical time, Heights Capital Administration, an affiliate of SIG — one of many world’s largest privately held monetary providers companies — together with its affiliated entity CVI Investments, disclosed a holding of roughly 2.11 million Class A peculiar shares in Nano Labs, representing 9.9% of the general public float. Primarily based in San Francisco, Heights Capital focuses on supporting high-growth corporations pushed by expertise and innovation.
Nano Labs is the world’s first Nasdaq-listed firm to incorporate BNB as a part of its strategic reserves. The corporate at the moment holds round 120,000 BNB, valued at over $93 million primarily based on a value of $776 per BNB. Earlier media studies additionally point out that Nano Labs holds roughly 1,000 BTC.
The simultaneous investments from Citadel and Heights Capital could sign a broader shift, as conventional monetary establishments more and more pivot towards high-quality Web3.0 enterprises. Nano Labs is steadily rising as a key bridge between conventional finance and the digital asset economic system.
About Nano Labs:
Nano Labs is the world’s first U.S.-listed firm to undertake BNB as a strategic reserve asset. The corporate at the moment holds roughly 120,000 BNB and different main cryptocurrencies, with complete reserves exceeding $170 million.
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