New York, USA, July 22, 2025 – According to its latest filing with the US Securities and Exchange Commission (SEC), Citadel, one of the world’s largest hedge funds, and Heights Capital Management, an affiliate of Susquehanna International Group (SIG), have both launched positions as a US registered company at Nano Labs Ltd. (NASDAQ: NA). Together, the two agencies currently own nearly 20% of Nano Labs’ public floats.
The filing reveals that Citadel holds approximately 2.08 million Class A common stock, accounting for 9.5% of the Company’s publicly traded shares through multiple entities. Citadel explicitly stated that the investment is purely economic in nature and that it is not intended to seek control or participate in corporate governance. This stance has been interpreted by the market as a vote of confidence in the long-term potential of Nanolabs, with Citadel choosing to join as a “strategic companion.”
Founded by the well-known financial Titan Ken Griffin, Citadel manages hundreds of billions of dollars and is widely credited as one of Wall Street’s most powerful forces known for its robust research, information and trading infrastructure.
At the same time, Heights Capital Management, an affiliate of SIG, one of the world’s largest private financial services companies, has disclosed its holdings of approximately 211 million Class A common stock in Nano Labs, which accounts for 9.9% of public floats, along with its associated entity CVI investments. Based in San Francisco, Heights Capital focuses on supporting high-growth companies driven by technology and innovation.
Nano Labs is the world’s first NASDAQ registered company to include BNB as part of its strategic reserves. The company currently owns around 120,000 bnbs, worth more than $93 million based on a price of $776 per BNB. Previous media reports also show that Nano Labs holds around 1,000 BTC.
Simultaneous investments from Citadel and Heights Capital could show a wider change as traditional financial institutions become increasingly pivoted into high-quality Web3.0 companies. Nano Labs is gradually emerging as a key bridge between traditional financial and digital asset economy.
About Nanorab:
Nano Labs is the world’s first US listed company to employ BNB as a strategic reserve asset. The company currently owns around 120,000 bnbs and other major cryptocurrencies, with total reserves exceeding $170 million.
Official Website | X (previous Twitter)
