B Strategy plans to establish the BNB Fund Company, aiming to raise $1 billion

According to reports, the investment company B Strategy, focused on digital assets, has announced plans to list the BNB Fund Company on NASDAQ, aiming to raise $1 billion. This plan aims to operate through a publicly traded company in the United States, not only holding BNB as an asset but also hoping to become the 'Berkshire Hathaway of the BNB ecosystem.' The unnamed BNB fund management company under B Strategy will receive strategic support from YZi Labs. YZi Labs stated that it will provide funding and ecosystem support for the project, helping it establish connections with partners. B Strategy also mentioned that it will leverage its extensive influence in the Asia-Pacific region to acquire liquidity, market intelligence, and distribution, adding that several prominent Asian family offices have joined as cornerstone investors. In addition to operating the BNB treasury, the company will also invest funds and resources in core technology development, provide grants for projects, and support community programs. YZi Labs indicated that the company's NASDAQ listing and $1 billion financing are expected to be completed within weeks.