
Jesse|Jul 10, 2025 02:00
⚡ Mid term positive news for BNB
YZi Labs and 10X Capital will establish a BNB reserve company, which will only do one thing: buy BNB, list the "reserve company" on the US stock market, and allow US investors to participate in BNB ups and downs with their stock accounts 📈
Who is 10X Capital?
An investment institution that has played well in the digital asset circle has previously successfully promoted holding companies like Nakamoto (NAKA) to NASDAQ.
Who is at the helm of 10X Capital?
-David Namdar, co-founder of Galaxy Digital.
-Russell Read, former head of investment at CalPERS, the world's largest retirement fund.
-Former Kraken director Saad Naja.
In other words, they are a group of big names who are proficient in both traditional finance and cryptocurrency circles.
What is the next step?
10X Capital has found investment banking partners and is preparing to raise funds to buy the first batch of BNB.
The official announcement of financing will be completed in the near future, followed by a sprint to go public.
We promise to be transparent and regularly disclose our positions, and actively participate in the BNB Chain ecosystem.
comment:
The main reason why BNB lost to COIN in this round is that American institutions and investors rarely have the opportunity to invest.
I have been selling BNB regularly for the past few months. Now that Binance has finally launched a cryptocurrency stock linkage, I may stop selling and see what kind of performance it will have.
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