Foresight News reported that Zhao Changpeng (CZ) responded to multiple former hedge fund executives planning to raise $100 million to create a publicly listed company for BNB financial strategy, stating, "There are some other markets in the world. I have heard that several companies are working on this. So far, none have been led by me / us. But we fully support it. BNB is the native token of a public blockchain and is not a token 'associated with Binance Holdings Ltd or the Binance centralized exchange.'"