BNB Standard Corporation

BNB Standard Corporation is a Nevada-incorporated public company headquartered in Louisville, Colorado. Its former names include Surna Inc. and CEA Industries Inc.; its shares trade on Nasdaq under the symbol BNC.⁠[1]

The company traces its controlled-environment agriculture business to Hydro Innovations, co-founded by Brandy and Stephen Keen in 2006; the business later became part of Surna.⁠[2]

On June 6, 2025, CEA Industries completed its acquisition of Canada’s Fat Panda and related entities, entering vaping retail. Its annual report places Fat Panda and the legacy industrial climate-control business in the Retail and Industry segment.⁠[3]

On August 5, 2025 the company announced the closing of a $500 million private placement to support a BNB treasury strategy. Up to $750 million more could be raised if the warrants were exercised; the extra proceeds were conditional. Its ticker changed from VAPE to BNC on August 6.⁠[4]

In August 2025 the company announced the purchase of 200,000 BNB and said BNB would be its principal treasury reserve asset. Holdings and their dollar value can change with transactions and market prices.⁠[5]

The company reports two segments: BNB Treasury Management and Retail and Industry, which includes Fat Panda and industrial climate-control systems. At July 31, 2026 it reported $304.5 million in digital assets, 93.1% of total assets; these are dated financial-statement figures, not live valuations.⁠[6]

On September 29, 2026 the company changed its name from CEA Industries Inc. to BNB Standard Corporation. Its common shares continued to trade as BNC, with warrants under BNCWW and BNCWZ; the rename did not create a new listed company.⁠[7]

The board appointed Alex Odagiu chief executive effective October 19, 2026; he had served as interim president and director since June. The company planned to operate a BNB ChainBNB ChainBNB Chain is a multichain blockchain ecosystem with BNB as its native asset. Its core includes the Ethereum Virtual Machine-compatible BNB Smart Chain, the opBNB layer-2 network and the decentralized storage network BNB Greenfield; its history traces to Binance Chain, launched in 2019.Open the full entry validator with a specialist infrastructure provider and said rewards were not guaranteed.⁠[8]

On October 26, 2026 BNB Standard visited Nasdaq MarketSite for an opening-bell ceremony marking its new name and chief executive; Odagiu rang the bell. It was an event for an existing listed company, not an initial public offering.⁠[9]

At a briefing after the bell ceremony, BinanceBinanceBinance is a global digital asset trading and multi-asset financial platform launched in 2017 and co-founded by Changpeng Zhao and Yi He. Its business has expanded from spot trading to derivatives, wallets, payments, a public blockchain ecosystem, market data, traditional securities, and artificial intelligence interfaces; its history also includes security incidents, regulatory enforcement across multiple jurisdictions, a 2023 U.S. criminal settlement, and subsequent compliance restructuring.Open the full entry founder Changpeng Zhao discussed possible connections between BNB Chain and AI applications. Odagiu said BNB Standard intended to build an operating business on the chain, while emphasizing that it was not then a payments company.⁠[10]

Disclosed risks include BNB price volatility, concentration in custody arrangements, borrowing and collateral obligations, and potential failures and other risks in validator operations. Owning the company’s stock is not identical to holding BNB directly, and its strategy and plans do not guarantee future outcomes.⁠[8]