YZi Labs Announces Support for 10X Capital in Establishing "BNB Reserve Company"

On July 10th, YZi Labs announced today that it will support 10X Capital, a leading investment institution focused on digital assets and digital asset reserve companies, in establishing the "$BNB Reserve Company." This is a U.S. company focused on digital asset management and independent operation within the $BNB Chain ecosystem.

It is reported that the $BNB Reserve Company plans to list on a major U.S. stock exchange, aiming to provide U.S. investors with the opportunity to access the growth of $BNB, the world's fourth-largest digital asset by market cap, and will focus on the development of the $BNB Chain ecosystem. 10X Capital has recent success stories in the field of digital asset reserve companies (Nasdaq-listed Nakamoto). This time, it will cooperate with the capital market department of Cohen & Company and Clear Street LLC to raise funds for the initial $BNB acquisition.

The $BNB Reserve Company will emphasize the transparency and verifiability of asset holdings, strengthen interaction with the $BNB ecosystem and community, and is expected to announce the completion of related financing in the coming weeks. [BlockBeats]