CZ supports the IPO of a BNB Treasury Company
The post CZ supports the IPO of a BNB Treasury Company appeared on BitcoinEthereumNews.com.
The spotlights of the financial world are once again focused on BNB following the announcement that Changpeng Zhao’s family, co-founder of Binance, will support a new treasury company aimed at offering institutional and retail exposure to the token in the United States. A new financial vehicle to invest in BNB The birth of a BNB treasury company represents an important development in the cryptocurrency landscape. According to the statement shared by YZi Labs on Wednesday, the company will support 10X Capital in the creation of this new company, with the aim of being listed on one of the main US stock exchanges. This project addresses the growing need to offer institutional and private investors direct access to BNB, the native token of the Binance ecosystem, the largest cryptocurrency exchange by global volume. BNB incontra Wall Street. YZi Labs supporta ufficialmente @10XCapitalUSA per sviluppare la BNB Treasury Company. Gli investitori statunitensi hanno ora un accesso per la crescita di BNB. YZi Labs sostiene BNB come un asset di tesoreria e sceglie i nostri partner con cura. Affidati solo ai nostri canali ufficiali… https://t.co/4zEGKki0ve — YZi Labs (@yzilabs) 10 luglio 2025 Leading the company will be David Namdar, senior partner at 10X Capital and co-founder of Galaxy Digital, one of the most recognized entities in the crypto financial sector. 10X Capital will also serve as the asset manager of the new entity focused on purchasing BNB. BNB Treasury Company: characteristics and objectives The creation of this new treasury company dedicated to BNB fits into the broader market trend that sees the emergence of companies accumulating large amounts of cryptocurrencies like bitcoin, thus offering Wall Street regulated instruments to access digital asset. The intent expressed by the promoters is clear: to expand accessibility to BNB, “one of the most adopted blockchain ecosystems in…
Filed under: News - @ July 10, 2025 11:29 am