Altcoins News

Story: Bitmain Veterans Form BNB Treasury Company Backed by CZ

By Dan Saada

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CZ’s Family Office Supports BNB Treasury Strategy. According to B Strategy’s announcement, the company will mirror the structure of 10X Capital,…

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Why BNB Is Strengthening Its Position. BNB is currently the fourth-largest cryptocurrency, with a market capitalization of about $121.

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Connecting Asian Capital and Wall Street. B Strategy is positioning itself as a bridge between Asian investors and U.S.

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Institutional Interest in BNB Grows. The push to create structured BNB treasury vehicles underscores the institutional appetite for…

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Market Impact and Investor Outlook. On the day of the announcement, BNB traded at $846, down 3.

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Conclusion. B Strategy’s move to establish a Nasdaq-listed BNB treasury company with backing from YZi Labs…

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Former Bitmain executives have unveiled B Strategy, a digital asset firm aiming to build a Nasdaq-listed BNB treasury company with a target raise of $1 billion.

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According to B Strategy’s announcement, the company will mirror the structure of 10X Capital, which previously raised $250 million with YZi Labs’ support to accumulate BNB…

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“The goal is to maximize BNB per share and provide full transparency to investors,” explained Leon Lu, B Strategy’s co-founder and former Bitmain fund manager.

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Max Hua, the company’s other co-founder and Bitmain’s ex-CFO, stressed that the treasury firm will undergo independent audits, maintain strict risk controls, and adhere to U.S.

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CZ clarified on X that YZi Labs is a supporter but not the lead sponsor, describing the initiative as “another B Strategy capital raise.”

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Ella Zhang, head of YZi Labs, emphasized BNB’s growing importance:

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“BNB is central to stablecoins, real-world assets, and the future of financial systems. This treasury initiative will help accelerate mainstream adoption.”

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Corporate adoption of BNB treasuries has produced dramatic stock market reactions. For example, CEA Industries, formerly a vaping products firm, pivoted into a BNB treasury…

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Meanwhile, BNB Network’s $500 million fundraising round was heavily oversubscribed, demonstrating investor confidence in the token’s ecosystem. However, risks remain.

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