YZi Labs Backs New BNB Treasury Firm for U.S. Investors
YZi Labs,formerly Binance Labs,is supporting a new digital asset firm focused on BNB. The company, called BNB Treasury Company, aims to list on a major U.S. stock exchange. This move will give U.S.investors regulated access to BNB, the fourth-largest crypto by market cap.
BNB Treasury Company will work with 10X Capital, a digital asset investment firm. the goal is to bridge U.S. capital markets with the BNB Chain ecosystem.BNB Chain powers millions of users and thousands of decentralized apps. however, U.S. investors have limited ways to invest in BNB. The project will be led by experienced executives like David Namdar and Russell Read. 10X Capital will manage the company’s assets.
The initiative seeks to combine BNB’s ecosystem with 10X Capital’s expertise. The financing round is expected to close soon.
BNB Treasury Company plans to offer clear asset reporting and engage with the BNB Chain community. If successful, it coudl become a key vehicle for bridging U.S. capital markets and one of crypto’s most active networks.
Other companies are also turning to BNB as a strategic reserve asset. Build & Build Corporation is reportedly raising $100 million to accumulate BNB, while Nano Labs has already committed $50 million and is targeting a position worth up to $1 billion.
By supporting this initiative, YZi Labs aims to combine the strengths of the BNB ecosystem with 10X Capital’s institutional asset management and capital markets expertise.
