US EditionYZi Labs Announces Support for 10X Capital’s BNB Treasury Company in the U.S.
UNITED STATES, JUL 10 – YZi Labs supports 10X Capital's plan to create a BNB Treasury Company holding up to $1 billion in BNB, aiming to provide regulated U.S. investor access through a public IPO.
- On July 9, 2025, YZi Labs revealed plans to back 10X Capital in launching the BNB Treasury Company in New York, NY.
- This initiative arose to provide U.S. investors with exposure to BNB Chain, which institutional and retail investors have limited access to despite its large global ecosystem.
- David Namdar has been appointed CEO of a new BNB-focused treasury firm managed by 10X Capital, which aims to list publicly on a major U.S. stock exchange.
- BNB Chain has doubled its daily active addresses to 2.5 million since March and saw a 2.8% price rise to $688.7 amid a $1 billion token burn, signaling strong demand.
- The establishment of the treasury company aims to bridge U.S. investors with BNB's growth, potentially increasing institutional adoption and benefiting the broader blockchain community.
19 Articles
19 Articles
Why is BNB Up Today? $1B Token Burn and Corporate Treasury Plans Fuel Demand
BNB is edging closer to the $700 mark as traders responded to a fresh $1 billion token burn and growing interest in using the asset as a corporate treasury reserve.Over the last 24-hour period, BNB rose about 2.8%, from $670.40 to $688.7. Trading surged as the price moved up, amid a broader cryptocurrency market rally that saw bitcoin hit a new all-time high above $118,000.The price briefly hit an intraday peak near $695 before settling into a t…
Binance Founders’ Family Office Backs BNB Play by 10X Capital
YZi Labs, the family office of Binance co-founders Changpeng Zhao and Yi He, will back investment firm 10X Capital to set up a publicly traded company in the US to invest in BNB, a token linked to the crypto exchange the pair started.
Hastings Tribune
YZi Labs Announces Support for 10X Capital’s BNB Treasury Company in the U.S.
New York, NY, July 09, 2025 (GLOBE NEWSWIRE) -- YZi Labs, an investment vehicle fueling impact in Web3, AI, and biotech, today announced its support for 10X Capital, a leading investment firm focused on digital assets & digital asset treasury…
BNB Soars As Changpeng Zhao's YZi Labs Backs U.S. Treasury Play
Key Highlights: YZi Labs supports a new BNB Treasury Company that is planning to debut in the U.S. stock market. Daily active BNB addresses climb to 1.75 million, signaling increasing ecosystem use. Technical breakout pattern points to $697 target as BNB maintains strong support at $635. BNB posted a 1.69% gain, trading at $672.45, while Bitcoin rose 2.40% to $111,298.09, reflecting bullish market sentiment. Launching a U.S.-focused treasury co…
Changpeng Zhao to Fund BNB Company with Plans for a US IPO
The family office of Binance founder Changpeng Zhao has decided to support the creation of a company that will buy up BNB tokens and go public in the US. It appears that the former head of the world's largest crypto exchange does not intend to remain inactive, even while banned from running Binance. BNB meets Wall Street. YZi Labs is officially supporting @10XCapitalUSA to develop the BNB Treasury Company. U.S. investors now have a gateway fo…
Key Points of the News YZi Labs and 10X Capital have launched a US-regulated BNB Treasury Company to accumulate BNB for US investors, with plans for a major stock exchange listing. The firm is led by Galaxy Digital co-founder David Namdar; CalPERS's former IT director Russell Read; and Kraken's former director, Saad Naja, and is backed by Cohen & Company and Clear Street's subscription. By considering BNB as a strategic reserve asset, following …
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
