BNB reaches a new all-time high of $894 as RAKBANK enables secure in-app trading for UAE customers.
BNB has reached a record price of $894, coinciding with its addition to RAKBANK’s regulated mobile banking platform in the United Arab Emirates. The move brings Binance Coin into a mainstream banking environment and broadens access for users in the region.
RAKBANK Adds BNB to Its Crypto Services
RAKBANK has expanded its digital asset offering by listing Binance Coin on its mobile banking application. Customers can now buy, sell, and hold BNB directly with UAE dirhams, without needing to use external exchanges. The new service forms part of the bank’s collaboration with Bitpanda, a regulated digital asset provider in the Middle East and North Africa.
$BNB is now tradable on RAKBANK in UAE. https://t.co/eQ7B5m8Ni4
— CZ 🔶 BNB (@cz_binance) August 22, 2025
With this update, BNB joins seven other supported cryptocurrencies, including Bitcoin, Ethereum, and Solana. The app enables transactions within a regulated framework while providing Emirates ID-based verification for secure onboarding. This integration allows customers to manage both traditional and digital assets in a single platform.
RAKBANK’s expansion into digital assets follows a wider effort within the UAE to offer regulated crypto trading to residents. The bank aims to provide secure access to cryptocurrencies while maintaining compliance with local financial standards.
Binance Coin Reaches Record High
The timing of the RAKBANK launch aligns with a new price milestone for Binance Coin. According to data from CoinGecko, BNB reached an all-time high of $894. The coin is trading close to this level, with a market capitalization of about $122.5 billion. Daily trading volume has seen a slight decrease, but demand for the token remains strong.
JUST IN: $BNB sets a new ATH of $894. pic.twitter.com/kd8Qta2XMX
— CoinGecko (@coingecko) August 22, 2025
BNB is now ranked as the fifth-largest cryptocurrency by market value. The new record shows continued growth for the token, which was created to serve as the native asset of the Binance ecosystem. Its listing on RAKBANK adds another layer of accessibility for users in a region where regulated crypto adoption is expanding.
Binance CEO Changpeng Zhao, known as CZ, noted the development on social media, confirming that BNB is now available on RAKBANK. His post received wide attention within the crypto community and added to the focus on the coin’s record price.
UAE Pushes Forward with Regulated Crypto Adoption
The addition of BNB to RAKBANK’s app reflects the UAE’s ongoing push to integrate digital assets into its financial sector. By working with regulated partners such as Bitpanda, RAKBANK is able to ensure that customer transactions remain compliant with regional standards. This structure allows residents to engage with cryptocurrencies while using familiar banking tools.
BNB users can now complete transactions in a banking environment that offers both transparency and security. The service also avoids the need for international transfers or third-party platforms, giving customers direct access within the UAE market.
The growing role of cryptocurrencies within traditional banks shows the country’s continued interest in digital finance. By adding BNB to its services, RAKBANK gives customers easier entry into the Binance ecosystem, which offers staking, savings, and decentralized finance tools.
