YZi Labs announces support for 10X Capital to launch BNB Treasury Company, plans to go public in the United States

By: odaily.com|2025/07/10 09:31:36

0

Share

copy

Odaily News YZi Labs announced that it will support investment institution 10X Capital to launch a treasury company focused on purchasing BNB, and plans to list it on major exchanges in the United States. The company is named The BNB Treasury Company and will be led by David Namdar, senior partner of 10X Capital and co-founder of Galaxy Digital, as CEO.
The project aims to provide US institutional and retail investors with access to BNB. Hans Thomas, founder and CEO of 10X Capital, said that BNB Chain is one of the worlds highest-performing and most user-intensive digital asset ecosystems, but US investors have limited access to the ecosystem. Ella Zhang, head of YZi Labs, added that expanding institutional access to BNB will have a positive impact on a wider user base.
The treasury company expects to announce the completion of the financing in the coming weeks.

-- Price

You may also like

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Bitcoin mining companies flee for the Nth time

When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

Popular coins

Latest Crypto News

22:42

Data: The current whale position on the Hyperliquid platform is 3.458 billion USD, with a long-short position ratio of 1.04

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.458 billion, with long positions of $1.765 billion, accounting for 51.05% of the holdings, and short positions of $1.693 billion, accounting for 48.95%. The profit and loss for long positions is -$11...

22:42

"Federal Reserve's megaphone": Low employment growth may become the new normal, but it is particularly vulnerable in the context of war

According to Jinshi reports, "Fed mouthpiece" Nick Timiraos wrote that 178,000 new jobs were added in March, reversing the significant decline in February. The unemployment rate also dropped to 4.3%.However, some details are not very optimistic, as wage growth for ordinary workers has slowed to the ...

22:42

Data: 1829.86 BTC transferred from Hyperunit, worth approximately 2.838 million USD

According to Arkham data, at 21:04, 1829.86 BTC (worth approximately 2.838 million USD) was transferred from Hyperunit to Wintermute.

22:42

F2Pool co-founder Wang Chun: The Bitcoin protocol upgrade should not involve political compromises

F2Pool co-founder Wang Chun stated on platform X that the Bitcoin protocol upgrade should not adopt practices similar to those of American politicians who forcefully advance "some necessary but unpopular provisions" through "omnibus bills." This is also a significant reason for his opposition to BIP...

22:42

The U.S. Senate Banking Committee is scheduled to review the nomination of Waller as Federal Reserve Chairman on April 16

According to Jin Shi reports, a source told CNBC that the U.S. Senate Banking Committee will hold a hearing on April 16 to review the nomination of Kevin Warsh as Chairman of the Federal Reserve.Another criminal investigation surrounding the Federal Reserve is still ongoing, examining whether curren...