CZ E YZI LABS: A NEW BNB TREASURY COMPANY BASED IN THE UNITED STATES
The co-founders of Binance, Changpeng ‘CZ’ Zhao and Yi He, through their investment firm YZi Labs, have confirmed that they will support 10X Capital (VCXA) in a new initiative. The publicly traded investment firm aims to create a company based in the United States that will invest exclusively in BNB.
10X Capital announced today the launch of the first publicly traded U.S. company that will focus exclusively on being a BNB treasury, similar to what Strategy has done with Bitcoin and Sharplink Gaming with Ethereum.
10X Capital intends to pursue a public listing for its BNB treasury company, marking an unprecedented initiative.
The BNB token is currently the fifth digital asset by market capitalization, valued at 98 billion dollars and priced at around 670 dollars.
New highs coming?
