• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

YZi Labs Supports Launch of BNB Treasury Company for U.S. Investors

user avatar

by Giorgi Kostiuk

11 hours ago


YZi Labs, formerly known as Binance Labs, has announced the launch of BNB Treasury Company, aimed at providing U.S. investors with the opportunity to invest in BNB.

Goals of BNB Treasury Company

The BNB Treasury Company aims to offer U.S. investors regulated access to BNB, the fourth-largest cryptocurrency by market capitalization. The project seeks to provide transparent asset reporting and actively engage with the BNB Chain community, one of the most active blockchain ecosystems.

Team and Partners

The project will be led by experienced executives including David Namdar, co-founder of Galaxy Digital, who will serve as a senior partner, and Russell Read, former CIO of CalPERS and Deutsche Asset Management. 10X Capital, a digital asset investment firm, will partner in the initiative.

Future of BNB as a Reserve Asset

The BNB Treasury Company becomes one of several companies looking at BNB as a strategic reserve asset. For instance, Build & Build Corporation is reportedly raising $100 million to accumulate BNB, and Nano Labs has committed $50 million.

The launch of BNB Treasury Company could be a significant step in connecting U.S. capital markets with one of the most active cryptocurrency ecosystems. Success of this initiative may open new investment horizons for BNB among American investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Historic Moment: Ethereum Surpasses Bitcoin in Futures Volume

chest

For the first time, Ethereum surpassed Bitcoin in futures trading volume, indicating potential market shifts.

user avatarGiorgi Kostiuk

Thumzup Media Invests in New Cryptocurrencies for Strategic Asset Management

chest

Thumzup Media adds ETH, XRP, SOL, and more to its portfolio, supporting its financial management strategy.

user avatarGiorgi Kostiuk

Bitcoin Hits New Heights: Surge to $112,000 Driven by Institutional Investors

chest

Bitcoin has surged to $112,000 due to institutional investments from firms like BlackRock and MicroStrategy.

user avatarGiorgi Kostiuk

Ethereum Regains Dominance in NFT Market with $7.5 Million Trading Volume

chest

Ethereum has regained its position in the NFT market, reaching a trading volume of over $7.5 million in the last 24 hours.

user avatarGiorgi Kostiuk

Tether Creates $1 Billion USDT on Tron to Enhance Liquidity

chest

Tether minted $1 billion USDT on the Tron blockchain as reserves for future needs.

user avatarGiorgi Kostiuk

BIT Mining Implements SOL Treasury Strategy Targeting $300M Investments

chest

BIT Mining reveals its SOL treasury strategy with up to $300M investment despite previous controversies.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.