A new BNB Treasury Company supported by YZi Labs

According to the press release, B Strategy, founded by former executives of Bitmain, plans to collaborate with a publicly traded company in the United States to raise funds through private placements. The goal is to transform this company into an entity dedicated to the holding and management of BNB. According to a spokesperson for B Strategy cited by the press, this initiative aims to meet the growing demand from Asian investors wishing to access the American stock market.

YZi Labs, led by Ella Zhang under the supervision of Changpeng Zhao, continues to strengthen its position in the Binance ecosystem. After helping 10X Capital raise $250 million for its own BNB Treasury Company, CZ's family office is now partnering with B Strategy for a similar project, but on an even larger scale.

According to available information, B Strategy plans to raise up to $1 billion to finance this new fund. This amount will be used to buy and hold BNB, which will be considered a long-term reserve asset.