YZi Labs, the funding arm of cryptocurrency change Binance, has introduced that it’s backing the creation of an organization that plans to go public within the US and can undertake the Binance Coin (BNB) treasury technique.
Accordingly, YZI Labs introduced that it’ll help the BNB Treasury Firm, a BNB treasury-focused firm to be established by 10X Capital.
BNB Treasury Firm, which will likely be established by 10X Capital, goals to go public on a significant US inventory change.
The brand new firm will present buyers within the US with publicity to the expansion and advantages of BNB, the world’s 4th largest digital asset token by market capitalization, and can focus solely on the BNB Chain ecosystem.
10X Capital has partnered with Cohen & Firm Securities LLC to lift capital to fund its first buy of BNB. 10X Capital will function asset supervisor for BNB Treasury Firm.
Ella Zhang, President of YZi Labs, mentioned: “By supporting this initiative, we goal to mix the strengths of the BNB ecosystem with 10X Capital’s institutional asset administration and capital markets experience. Whereas we advocate for the adoption of BNB as a treasury asset, YZi Labs stays extremely selective in official partnerships and can solely announce official collaborations by way of our official channels.”
As treasury methods for BNB proceed to proliferate, Nasdaq-listed firm Nano Labs just lately took the daring step of buying $50 million price of BNB, roughly 74,000 tokens at round $672 every.
BNB meets Wall Road.
YZi Labs is formally supporting @10XCapitalUSA to develop the BNB Treasury Firm.
U.S. buyers now have a gateway for BNB’s development.
YZi Labs champions BNB as a treasury asset, and chooses our companions with care.
Rely solely on our official channels… https://t.co/4zEGKki0ve
— YZi Labs (@yzilabs) July 10, 2025
*This isn’t funding recommendation.