Key Takeaways:
C10 Treasury adds $2 million in digital assets, with BNB as its primary holding.
Founder Jia Yueting cites BNB’s ecosystem strength, business revenue, and stable user base.
The allocation highlights growing interest in ecosystem-linked tokens as treasury assets.
C10 Treasury has expanded its digital asset strategy with a $2 million allocation, with BNB positioned as the largest holding, according to TechFlow.
Jia Yueting explained that BNB was selected as the main allocation due to its unique role in ecosystem integration, strategic layout, stable user base, and strong revenue generation. He added that BNB’s extensive ecosystem makes it a compelling treasury asset compared to alternatives.
This development follows Yueting’s earlier statement that Faraday Future plans to launch its own treasury product, FFAI C10 Treasury, which may further leverage digital assets to diversify reserves.