The post CZ Backed Yzi Labs Partners with 10X Capital to Take BNB Treasury Public appeared on BitcoinEthereumNews.com.

New York-based 10x Capital announced its decision to become a BNB Treasury company in the United States, along with support from Web3 investment firm YZi Labs. Better crypto regulations in the US, with the CLARITY Act on the verge of passing next week, have infused greater confidence among firms to accumulate top digital assets. At press time, BNB price is showing modest 1.5% upside today to $672, hitting monthly highs. 10X Capital To List BNB Treasury Company On US Stock Index 10X Capital, a leading investment firm focusing on cryptocurrencies, has recently announced its plans to establish a BNB Treasury company on the BNB Chain. Last week, Nasdaq-listed Nano Labs made a similar move with $50 million BNB purchase, buying a total of 74,315 BNB in an over-the-counter (OTC) transaction at an average price of $672.45. Investment firm 10x Capital also shared plans to take this Treasury firm public on a major U.S. stock exchange, thereby attracting Wall Street capital and giving traditional investors exposure to BNB. Web3 investment vehicle YZi Labs has announced its support for the same, noting: “BNB meets Wall Street. YZi Labs is officially supporting 10x Capital to develop the BNB Treasury Company. U.S. investors now have a gateway for BNB’s growth. YZi Labs champions BNB as a treasury asset.” The race for crypto treasury among corporate players is on the rise. First Bitcoin Treasury, followed by Ethereum, Solana, and now BNB, Wall Street firms are tapping crucial opportunities with crypto. In order to fund its BNB acquisition plan, 10X Capital has also partnered with Cohen & Company Capital Markets and Clear Street LLC to raise the necessary capital. Hans Thomas, Founder & CEO of 10X Capital said that although the BNB Chain ecosystem is among the “highest performing digital assets ecosystems globally,” institutional and retail…

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Filed under: News - @ July 10, 2025 3:22 pm