Today's hot topic: BNC changes leadership and launches BNB nodes, market re bets on the narrative of "hoarding currency and treasury" Odaily Planet Daily News: BNB Standard (formerly known as CEA Industries, NASDAQ code BNC) has appointed Alex Odagiu, former investment partner of YZi Labs, as CEO and announced that he will participate in the operation of BNB verification nodes. The company stated that Odagiu joined the five person investment team of YZi Labs in 2021, participating in the construction of the BNB ecosystem, BNB Chain MVB entrepreneur coaching, and tokenized stock business. On October 26th, Odagiu will also ring the Nasdaq opening bell with the board of directors, management, investors, and ecosystem partners to commemorate the company's renaming and management changes. This change of leadership has been interpreted by the market as BNB Standard shifting from governance adjustment to execution stage. According to relevant opinions, after reaching a settlement with the original board of directors on June 23, YZi Labs' board of directors is currently composed of three seats each and jointly electing a seventh independent director; Odagiu's entry into the CEO position gives the BNB ecosystem a stronger influence on both the board of directors and management. Previously, the company was temporarily shut down and did not continue to buy BNB. Now, the market is looking forward to its resumption of actions such as hoarding coins and node operations. The core positioning of BNC is a US stock treasury company that holds BNB. Market discussions are particularly focused on its management incentive mechanism: related revelations suggest that the new CEO's compensation is linked to the "net BNB holdings per share" and BNB stock price, which may drive the company to increase BNB holdings and enhance asset value. Another set of market data states that the stock price of BNC is about $5.4, while the value of BNB held per share is about $7.10, and the mNAV remains below 1; Supporters believe that if the discount narrows to around 1, BNC may gain more flexibility than holding BNB directly. There are also views that liken this trading structure to the GBTC, which was once traded at a discount, and see it as one of the ways in which the US stock channel participates in the BNB narrative.