Binance founder’s family office backs BNB Finance in IPO pursuit

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According to Cointelegraph, ChainCatcher reports that CZ's family office YZi Labs will support a new reserve management company that will provide investors with investment opportunities linked to BNB and plans to list in the United States.

YZi Labs stated on Wednesday that it will support 10X Capital in establishing a BNB Treasury Company and seek to list on a major US exchange. The company will be led by David Namdar as CEO. He is a senior partner at 10X Capital and co-founder of Galaxy Digital, who previously served as co-head of the company's trading division.

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