😏 YZi Labs and 10X Capital create a company with a reserve in #BNB.
The new structure of BNB Treasury Company will start buying up and holding BNB with plans to enter the stock exchange in the United States.
➤ The Project is launched with the participation of YZi Labs (formerly Binance Labs) and 10X Capital. ➤ CEO David Namdar (co-founder of Galaxy Digital) was appointed. ➤ Asset management will be handled by 10X Capital.
📈 Sellers have held the upper hand since yesterday. The first level of interest below is $108,128. There’s plenty of liquidity above, too — the nearest shelf is around $110,567.
On May 24, 2025, Mihailo Bjelic – one of the co-founders of the layer-2 project Polygon (POL) – officially announced his withdrawal from his executive role at Polygon Labs and resigned from the Polygon Foundation.
🪙Metaplanet Continues to Buy Hundreds of Millions Worth of Bitcoin🪙
On May 19, Metaplanet—a company listed on the Tokyo Stock Exchange—continued expanding its Bitcoin asset reserve strategy by announcing the purchase of an additional 1,004 BTC, with a total value of approximately ¥15.195 billion JPY. The average purchase price per Bitcoin in this latest acquisition was around ¥15.13 million.
With this latest purchase, Metaplanet’s total Bitcoin holdings have risen to 7,800 BTC. On average, the accumulated purchase price of all Bitcoin held by the company now stands at approximately ¥13.51 million per BTC. This indicates that Metaplanet is pursuing a long-term Bitcoin accumulation strategy and holds strong conviction in the growth potential of this digital asset.