Changpeng "#CZBİNANCE " Zhao, the former CEO of Binance and one of the most influential figures in the cryptocurrency world, has taken a new step toward combining traditional finance with digital assets. CZ's investment company, #YZILabs , is preparing to IPO a new BNB-focused treasury company by entering into a strategic partnership with US-based investment firm 10X Capital. This move is being interpreted as a strong sign of the future of institutional crypto investments.
💼 Among the First Companies to Hold BNB as a Reserve Asset
The new company, to be established in partnership with YZi Labs and 10X Capital, will operate under the name "#BNB Treasury Company." Its primary objective is to offer growth opportunities to US-based investors through the BNB Chain ecosystem by adopting BNB as a reserve asset.
This structure marks the first time $BNB has been considered a treasury asset in traditional capital markets. While the US exchange it will be listed on and the amount of capital raised have not yet been announced, the market is viewing this move as a critical development for institutional adoption.
📊 A New Era in Institutional Crypto Demand
BNB's rise as a preferred reserve asset in the institutional space is not limited to this partnership. In recent weeks, China-based chipmaker Nano Labs, listed on Nasdaq, purchased 74,315 BNB units worth approximately $50 million at an average price of $672.45, bringing its reserves to $160 million. This move highlights the active presence of crypto assets on the balance sheets of major corporations.
🗣️ Ella Zhang: "BNB is the Gas of the Decentralized Future!"
Ella Zhang, director of YZi Labs, commented on this strategic initiative:
“The BNB chain is the fuel, the glue, and the governance layer of a scalable and decentralized future. This move could provide significant advantages to both investors and the public by enabling greater institutional adoption of BNB.”
Zhang’s statements clearly demonstrate that CZ’s vision in the post-Binance era is to further align traditional finance with the crypto economy.
🧠 Crypto Veterans Join the Board
The newly established company will also include David Namdar, a veteran of the crypto finance world. Namdar is known for co-founding Galaxy Digital and holding senior positions at 10X Capital. This strong team is seen as a significant signal that BNB Treasury Company will inspire confidence in institutional investors.
🌐 BNB's Globalization Move
With this move, BNB, the world's 4th largest digital asset, is stepping into the spotlight not only as an ecosystem token but also as a secure reserve asset for institutional investors. This could have a positive impact on BNB's price dynamics and potentially increase institutional interest in the BNB Chain.
📌 Conclusion: CZ's BNB Vision Moves to Wall Street!
Changpeng Zhao continues to play a key role in the crypto industry after Binance. This step, taken through YZi Labs, could be a historic start, paving the way for integration with traditional finance not only for BNB but for all crypto assets.
BNB's transition to institutional status in the crypto market could also ignite a new bull run.
