$BNB Treasury Company Gets CZ's #YZiLabs Support for U.S. IPO Plans


YZi Labs is backing 10X Capital's launch of the BNB Treasury Company, which is targeting a public listing on a major U.S. stock exchange.


The move follows the recent corporate crypto adoption trend as firms stockpile digital assets beyond $BTC.


Former #Binance CEO #CZ’s family office investment firm YZi Labs manages over $10 billion in assets, according to statements.


#BNBChain ecosystem’s focus aims to provide U.S. investors exposure to the world's fourth-largest digital asset by market cap.


Nasdaq-listed Nano Labs recently bought 74,315 $BNB tokens for roughly $50 million, pushing corporate crypto reserves to $160 million.


David Namdar from Galaxy Digital will help manage the new treasury company alongside 10X Capital senior partners.


YZi Labs head Ella Zhang calls #BNBChain "one of the most widely adopted blockchain ecosystem" with institutional access benefits.


The announcement comes as treasury companies following MicroStrategy's $BTC strategy expand into alternative cryptocurrencies like $SOL and $ETH.

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July 10, 2025 at 12:35 PM
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