YZi Labs announces support for 10X Capital to launch BNB Treasury Company, plans to go public in the United States
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News: YZi Labs announced support for investment firm 10X Capital in launching a company focused on purchasing BNB for the Treasury, with plans to list on major US exchanges. The company named "The BNB Treasury Company" will be led by CEO David Namdar, a senior partner at 10X Capital and co-founder of Galaxy Digital. The project aims to provide US institutional and retail investors with access to BNB. 10X Capital founder and CEO Hans Thomas stated that BNB Chain is one of the global ecosystems with the highest performance and largest user base, but US investors have limited channels to access this ecosystem. YZi Labs head Ella Zhang added that expanding institutional access to BNB will have a positive impact on a broader user group. The Treasury company is expected to announce the completion of financing in the coming weeks.
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