Windtree Therapeutics (WINT) announces a strategic partnership with Kraken to provide custody, trading, and over-the-counter, OTC, services for Windtree’s BNB Crypto Treasury Strategy. The parties have signed a term sheet, to be memorialized in a definitive agreement following shareholder approval of Windtree’s previously announced securities purchase agreement, with potential for up to an additional $140 million in future subscriptions, led by Build and Build Corp. This partnership positions Windtree to leverage Kraken’s security, liquidity, and expertise in digital asset management to support its BNB-focused treasury strategy. Windtree expects the collaboration to enhance its ability to provide secure access to the Binance ecosystem for retail and institutional investors.
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