New BNB Treasury Company Eyes U.S. Listing With Backing From Crypto Veterans
YZi Labs, a global investment firm with a $10 billion portfolio across web3, AI, and biotech, announced its support for 10X Capital’s latest initiative: the launch of the BNB Treasury Company. This new U.S.-based firm will focus on BNB asset accumulation and ecosystem support, with plans to pursue a public listing on a major U.S. stock exchange.
The BNB Treasury Company is designed to provide institutional and retail investors with direct exposure to BNB (Binance Coin) through a transparent, professionally managed treasury platform.
“ BNB Chain is one of the most widely adopted blockchain ecosystems. BNB is the gas, the glue, and the governance layer for a scalable, decentralized future. By supporting this initiative, we aim to combine the strengths of the BNB ecosystem with 10X Capital’s institutional asset management and capital markets expertise,” said Ella Zhang, Head of YZi Labs.
“In line with our thesis on the unique ability of U.S.-listed treasury companies to provide investors with access to digital assets opportunities globally, we believe the time is right for a well-capitalized, institutionally managed, treasury company to emerge as a gateway between U.S. investors and decentralized innovation on BNB Chain,” added Hans Thomas, Founder & CEO of 10X Capital.
This move reflects growing momentum behind publicly listed digital asset treasury companies, as institutional investors seek diversified exposure to blockchain ecosystems like BNB Chain.
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