#Binance $BNB
: The CZ Family Office supports a new BNB Treasury Company
BNB Treasury Company. The digital asset investment company B Strategy has announced its intention to launch a billion-dollar crypto fund focused on BNB, the native token of Binance. Supported by YZi Labs, the family office of Binance co-founder Changpeng Zhao, this initiative aims to create a 'BNB Treasury Company', i.e., a company that will hold and manage significant reserves of BNB. This announcement marks a new step in YZi Labs' investment strategy, which had already supported similar initiatives, such as that of 10X Capital.