Changpeng Zhao’s (CZ) family office is set to support 10X Capital in establishing “BNB Treasury Company,” a firm focused on acquiring and holding BNB, with plans to list on a major U.S. stock exchange. David Namdar, co-founder of Galaxy Digital, will serve as CEO, while 10X Capital will manage the assets.
This initiative creates a securities investment channel tied to BNB on a U.S. exchange, enabling retail and institutional investors—who may be unable or unwilling to directly purchase crypto—to easily buy shares in the company and indirectly hold BNB.