#BNBATH #bnb
Get ready for a strong launch with the launch of a public treasury worth $500 million in the United States! 🚀💰
📈 A new project is opening up for both retail and institutional investors... and BNB is at the heart of it!
In an unprecedented move, an announcement was made for the creation of the *largest publicly listed Binance Coin treasury in the United States*, with massive funding of $500 million—of which $400 million is in cash and $100 million is in Bitcoin.
The deal is sponsored by YZi Labs (formerly Binance Labs), in collaboration with CEA Industries and 10X Capital, and clearly indicates BNB's transition to a new phase of institutional adoption.
🧠 The initiative is led by:
- David Namdar (Co-founder of Galaxy Digital)
- Russell Reed (Head of Project Investment)
🎯 Objectives of the deal:
- Launch an official treasury tool focused on BNB Chain
- Provide retail investors with access to institutional participation
- Start purchasing BNB starting from July 31, 2025
- Expand the investment position over 12 to 24 months
- Explore secure storage, lending, and money generation solutions through the Binance ecosystem
📌 Namdar's statement was clear:
> "BNB Chain is active and significant, but institutions lack access. This public treasury changes the game."