Establishment of BNB Treasury, 10X Capital and YZi Collaborate to Target U.S. Listing

2025/07/10 13:02 (Updated 2025/07/11 06:01)
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Written by L.Kikutani
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Establishment of BNB Treasury, 10X Capital and YZi Collaborate to Target U.S. Listing

YZi Collaborates

On the 9th, YZi Labs (formerly Binance Labs) announced its collaboration with cryptocurrency investment and research firm 10X Capital to support the establishment of the BNB Treasury company. The 'BNB Treasury' aims for a listing on major U.S. exchanges, offering investment opportunities in BNB, the fourth-largest cryptocurrency by market capitalization, to U.S. investors. The BNB Treasury company will be established as an independent U.S. digital asset management company specializing in the BNB Chain ecosystem. The management team includes notable figures such as David Namdar, co-founder of Galaxy Digital, and Russell Read, former Chief Investment Officer of CalPERS.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.