- YZi Labs backs first US-based BNB treasury agency by 10X Capital, which is focusing on IPO.
- Nano Labs not too long ago bought $50 million BNB tokens and plans to extend this to $1B BNB.
- Binance Coin (BNB) has damaged previous $665, signalling a doable bullish transfer towards $733 goal.
Whereas Bitcoin (BTC) has traditionally led the cost in company treasury methods, Binance Coin (BNB) is now positioning itself as the following main digital asset to seize institutional curiosity at scale.
Binance’s former CEO, Changpeng Zhao, by means of his enterprise YZi Labs, has backed the creation of a US-based treasury agency by 10X Capital solely centered on BNB.
10X Capital is proud to announce a sport changer, the primary $BNB Treasury Firm within the U.S. with the assist of @YZiLabs, led by $GLXY co-founder David @Namdar, 10X CIO Russell Learn, and @SaadNaja, previously of @krakenfx . Keep Tuned!
— 10X Capital (@10XCapitalUSA) July 10, 2025
With a rising urge for food from establishments for regulated crypto publicity, the brand new BNB treasury firm marks a pivotal second within the evolution of altcoin adoption past its native trade utility.
A primary-of-its-kind BNB-focused treasury aiming for IPO
Backed by Binance’s former CEO Changpeng Zhao, YZi Labs has thrown its weight behind a first-of-its-kind BNB-focused treasury firm in the USA.
The agency’s technique entails launching an preliminary public providing (IPO) to permit conventional traders entry to BNB with out having to handle digital wallets.
The brand new treasury firm plans to supply BNB-backed shares on a significant US trade, utilizing a clear construction that mirrors the reporting model of ETFs whereas sustaining regulatory compliance.
On this mannequin, institutional traders will be capable of acquire BNB publicity by means of fairness investments, offering a simplified path to crypto asset allocation.
YZi Labs, overseeing the execution of the technique, will work alongside 10X Capital, which is dealing with asset administration for the enterprise.
The management workforce behind the venture provides vital institutional heft, together with David Namdar, co-founder of Galaxy Digital, and Russell Learn, former CIO of CalPERS and the Alaska Everlasting Fund.
Their involvement reinforces the credibility of the initiative and underscores the strategic significance of BNB in broader monetary portfolios.
Executives at YZi Labs revealed that they’ve engaged with over thirty different groups which can be evaluating related treasury fashions utilizing BNB because the core asset.
BNB company accumulation
These developments come as Changpeng Zhao continues to show long-term conviction in BNB, holding 94 million cash as of June 2024, which accounts for 64% of its circulating provide.
Binance itself holds an extra 31.5%, indicating a excessive focus of provide inside a small community of stakeholders.
As well as, Nasdaq-listed Nano Labs not too long ago invested $50 million to amass over 74,000 BNB.
Nano Labs goals to scale this funding to as a lot as $1 billion in BNB, signalling an intent to carry as much as 10% of the circulating provide.
The corporate’s aggressive treasury enlargement is being financed by means of convertible notes and personal placements, with shares surging following the announcement.
Different corporations, together with Construct & Construct Company and Trident Digital, are reportedly in search of vital Binance Coin (BNB) allocations as effectively, following a mannequin much like MicroStrategy’s Bitcoin technique.
This wave of institutional shopping for displays rising confidence in BNB’s long-term worth past its position as a transaction token.
Binance Coin (BNB) worth outlook
The market has responded to those strategic shifts with renewed optimism, as BNB not too long ago broke above the $665 resistance stage in a bullish ascending triangle sample.
Whale accumulation has intensified in latest weeks, with on-chain information exhibiting over 2.5 million energetic BNB sensible chain addresses — an indication of sturdy demand and community engagement.
If momentum continues, analysts count on the token to maneuver towards $733, with key assist seen at $635, which should maintain for the breakout to stay legitimate.
BNB is now buying and selling round $670, which locations it simply 15% under its all-time excessive of $788 reached in December 2024.
With a market cap nearing $98 billion, BNB has solidified its place as a top-five cryptocurrency and is more and more being seen as greater than only a utility token.
For merchants and traders, this second represents greater than a worth transfer; it indicators the arrival of BNB into the formal construction of conventional finance.
