{"id":55704,"date":"2025-07-10T11:54:22","date_gmt":"2025-07-10T11:54:22","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binances-yzi-labs-backs-us-based-bnb-treasury-firm-targeting-ipo\/"},"modified":"2025-07-10T11:54:22","modified_gmt":"2025-07-10T11:54:22","slug":"binances-yzi-labs-backs-us-based-bnb-treasury-firm-targeting-ipo","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binances-yzi-labs-backs-us-based-bnb-treasury-firm-targeting-ipo\/","title":{"rendered":"Binance\u2019s YZi Labs backs US based BNB treasury firm targeting IPO"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07-BNB-5-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07-BNB-5-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07-BNB-5-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/07-BNB-5-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>YZi Labs backs first US-based BNB treasury firm by 10X Capital, which is targeting IPO.<\/li>\n<li>Nano Labs recently purchased $50 million BNB tokens and plans to increase this to $1B BNB.<\/li>\n<li>Binance Coin (BNB) has broken past $665, signalling a possible bullish move toward $733 target.<\/li>\n<\/ul>\n<p>While <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin (BTC)<\/a> has historically led the charge in corporate treasury strategies, <a href=\"https:\/\/coinjournal.net\/binance-coin\/what-is-binance-coin\/\">Binance Coin (BNB)<\/a> is now positioning itself as the next major digital asset to capture institutional interest at scale.<\/p>\n<p>Binance\u2019s former CEO, Changpeng Zhao, through his venture YZi Labs, has backed the creation of a US-based treasury firm by 10X Capital solely focused on BNB.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">10X Capital is proud to announce a game changer, the first <a href=\"https:\/\/twitter.com\/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BNB<\/a> Treasury Company in the U.S. with the support of <a href=\"https:\/\/twitter.com\/yzilabs?ref_src=twsrc%5Etfw\">@YZiLabs<\/a>, led by <a href=\"https:\/\/twitter.com\/search?q=%24GLXY&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GLXY<\/a> co-founder David <a href=\"https:\/\/twitter.com\/namdar?ref_src=twsrc%5Etfw\">@Namdar<\/a>, 10X CIO Russell Read, and <a href=\"https:\/\/twitter.com\/SaadNaja?ref_src=twsrc%5Etfw\">@SaadNaja<\/a>, formerly of <a href=\"https:\/\/twitter.com\/krakenfx?ref_src=twsrc%5Etfw\">@krakenfx<\/a> . Stay Tuned!<\/p>\n<p> <a href=\"https:\/\/t.co\/Lb4CC6YhaV\">https:\/\/t.co\/Lb4CC6YhaV<\/a><\/p>\n<p>\u2014 10X Capital (@10XCapitalUSA) <a href=\"https:\/\/twitter.com\/10XCapitalUSA\/status\/1943116740046549383?ref_src=twsrc%5Etfw\">July 10, 2025<\/a><\/p>\n<\/blockquote>\n<p>With a growing appetite from institutions for regulated crypto exposure, the new BNB treasury company marks a pivotal moment in the evolution of altcoin adoption beyond its native exchange utility.<\/p>\n<h2>A first-of-its-kind BNB-focused treasury aiming for IPO<\/h2>\n<p>Backed by Binance\u2019s former CEO Changpeng Zhao, YZi Labs has thrown its weight behind a first-of-its-kind BNB-focused treasury company in the United States.<\/p>\n<p>The firm\u2019s strategy involves launching an initial public offering (IPO) to allow traditional investors access to BNB without having to manage digital wallets.<\/p>\n<p>The new treasury company plans to offer BNB-backed shares on a major US exchange, using a transparent structure that mirrors the reporting style of ETFs while maintaining regulatory compliance.<\/p>\n<p>In this model, institutional investors will be able to gain BNB exposure through equity investments, providing a simplified path to crypto asset allocation.<\/p>\n<p>YZi Labs, overseeing the execution of the strategy, will work alongside 10X Capital, which is handling asset management for the venture.<\/p>\n<p>The leadership team behind the project adds significant institutional heft, including David Namdar, co-founder of Galaxy Digital, and Russell Read, former CIO of CalPERS and the Alaska Permanent Fund.<\/p>\n<p>Their involvement reinforces the credibility of the initiative and underscores the strategic importance of BNB in broader financial portfolios.<\/p>\n<p>Executives at YZi Labs revealed that they have engaged with over thirty other teams that are evaluating similar treasury models using BNB as the core asset.<\/p>\n<h2>BNB corporate accumulation<\/h2>\n<p>These developments come as Changpeng Zhao continues to demonstrate long-term conviction in BNB, holding 94 million coins as of June 2024, which accounts for 64% of its circulating supply.<\/p>\n<p>Binance itself holds an additional 31.5%, indicating a high concentration of supply within a small network of stakeholders.<\/p>\n<p>In addition, <a href=\"https:\/\/coinjournal.net\/news\/bnb-price-outlook-as-nano-labs-scoops-50m-bnb-tokens\/\">Nasdaq-listed Nano Labs recently invested $50 million to acquire over 74,000 BNB<\/a>.<\/p>\n<p>Nano Labs aims to scale this investment to as much as $1 billion in BNB, signalling an intent to hold up to 10% of the circulating supply.<\/p>\n<p>The company\u2019s aggressive treasury expansion is being financed through convertible notes and private placements, with shares surging following the announcement.<\/p>\n<p>Other firms, including Build &amp; Build Corporation and Trident Digital, are reportedly seeking significant Binance Coin (BNB) allocations as well, following a model similar to MicroStrategy\u2019s Bitcoin strategy.<\/p>\n<p>This wave of institutional buying reflects growing confidence in BNB\u2019s long-term value beyond its role as a transaction token.<\/p>\n<h2>Binance Coin (BNB) price outlook<\/h2>\n<p>The market has responded to these strategic shifts with renewed optimism, as BNB recently broke above the $665 resistance level in a bullish ascending triangle pattern.<\/p>\n<p>Whale accumulation has intensified in recent weeks, with <a href=\"https:\/\/bscscan.com\/chart\/active-address\">on-chain data<\/a> showing over 2.5 million active BNB smart chain addresses \u2014 a sign of strong demand and network engagement.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-320985\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/active-bnb-smart-chain-a.png\" alt=\"active-bnb-smart-chain-adresses\" width=\"1200\" height=\"1100\"\/><\/p>\n<p>If momentum continues, analysts expect the token to move toward $733, with key support seen at $635, which must hold for the breakout to remain valid.<\/p>\n<p>BNB is now trading around $670, which places it just 15% below its all-time high of $788 reached in December 2024.<\/p>\n<p>With a market cap nearing $98 billion, BNB has solidified its position as a top-five cryptocurrency and is increasingly being seen as more than just a utility token.<\/p>\n<p>For traders and investors, this moment represents more than a price move; it signals the arrival of BNB into the formal structure of traditional finance.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/binances-yzi-labs-backs-us-based-bnb-treasury-firm-targeting-ipo\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) YZi Labs backs first US-based BNB treasury firm by 10X Capital, which is targeting IPO. Nano Labs recently purchased $50 million BNB tokens and plans to increase this to $1B BNB. Binance Coin (BNB) has broken past $665, signalling a possible [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":55705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55704"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55704"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55705"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}