Digital asset investment company B Strategy announced on Monday that it will establish a BNB reserve company listed in the United States, with a fundraising target of up to 1 billion USD. This plan has received strategic support from Binance co-founder Zhao Changpeng (CZ) and the family office YZi Labs, and is seen as a heavyweight layout in the Binance ecosystem.
The new company will be led by Max Hua, co-founder of the crypto asset management company Metalpha, who previously served as the Chief Financial Officer of Bitmain.
An official statement indicated that the positioning of B Strategy is not just to hold BNB as a reserve asset, but also intends to become the 'Berkshire Hathaway of the BNB ecosystem', investing funds and resources to promote the development of the BNB ecosystem, including funding core technology research and development, providing grants for experimental projects, and supporting various community-led innovative initiatives.
Max Hua emphasized that the new company will focus on transparency and governance. He stated that his experience serving in a leading Bitcoin mining company has given him a deep understanding of institutional investors' needs for 'governance structure, information disclosure, and risk management'.
He further pointed out that the company will adopt the highest standards of governance, including: independently verified holding reports, top-tier custody mechanisms, rigorous risk control, and seamless cross-border processes, allowing investors from New York to Hong Kong to participate in BNB investments safely and efficiently.
" YZi Labs supports! B Strategy aims to raise 1 billion USD and establish a BNB reserve company" This article was first published on (Block客).
