BlockBeats reports that on August 25, CZ posted on social media stating that the crypto media TheBlock added some false statements in their report related to 'B Strategy', specifically that 'B Strategy will receive strategic support from YZi Labs led by Binance co-founder CZ and He Yi', which is considered an 'overinterpretation'. Ms. He Yi was not involved in this matter.
BlockBeats previously reported that B Strategy, an investment company focused on digital assets, announced plans to launch the BNB treasury company listed on NASDAQ, aiming to raise $1 billion. The unnamed BNB treasury company by 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 ecosystem partners.