According to a message from Deep Tide TechFlow on August 25, The Block reported that the investment firm focused on digital assets, B Strategy, announced plans to launch a NASDAQ listing for the BNB Treasury Company, aiming to raise $1 billion. The unnamed BNB Treasury Company of B Strategy will receive strategic support from YZi Labs. A representative stated that in addition to providing financial support, YZi Labs will also offer ecosystem support by connecting it with ecological partners.
B Strategy indicates that it will leverage its extensive layout in the Asia-Pacific region to gain liquidity, market intelligence, and distribution channels, and reveals that several well-known family offices in Asia have joined as anchor investors.
YZi Labs representatives revealed to the media that the company expects to complete its NASDAQ listing and $1 billion fundraising plan within weeks.