In a bold move to bring BNB closer to traditional markets, YZi Labs—Binance’s investment arm—has thrown its support behind the creation of a new U.S.-bound company focused entirely on BNB treasury assets.
The planned entity, known as BNB Treasury Company, is being launched by investment firm 10X Capital and aims to list on a major U.S. stock exchange. Its mission is to offer institutional and retail investors in the U.S. direct exposure to the BNB ecosystem, the fourth-largest cryptocurrency by market cap.
To fund its initial acquisition of BNB, 10X Capital has teamed up with Cohen & Company Securities for capital raising. It will also serve as the asset manager overseeing the company’s operations and BNB strategy.
Ella Zhang, president of YZi Labs, framed the initiative as a fusion of Binance’s on-chain ecosystem and institutional financial infrastructure. She emphasized that while YZi supports BNB treasury innovation, the firm remains selective about formal partnerships and will only confirm collaborations through official channels.
The move comes amid rising interest in using BNB as a treasury asset. Just recently, Nasdaq-listed Nano Labs disclosed a $50 million BNB purchase—signaling growing confidence in the long-term value of Binance’s native token among public firms.
Source: https://coindoo.com/binance-backed-bnb-treasury-firm-eyes-u-s-public-listing/