Applied DNA Sciences, a publicly listed company, disclosed that it holds over $17 million worth of BNB.

Odaily Planet Daily News: Biotechnology company Applied DNA Sciences, Inc. (NASDAQ: APDN) announced the completion of its previously announced private investment in equity (PIPE) financing led by institutional DeFi and TradFi investors, with initial BNB holdings valued at over $17 million. The PIPE generated approximately $27 million in gross proceeds for the company, with the potential for additional gross proceeds of up to $31 million through future warrant exercise. The total proceeds from the PIPE transaction included $15.3 million in cash and stablecoins, as well as $11.71 million in OBNB trust units. The company received a total of 435,638 trust units, representing underlying ownership of 10,647 BNB tokens. The company also announced today that it has purchased an additional 4,908 BNB tokens, with an estimated total value of $5.3 million as of 10:00 PM ET on October 20, 2025. (Businesswire)