YZi Labs, the family office of Binance co-founder CZ, will back a new reserve management company that will offer investors investment opportunities linked to BNB and plans to list in the US. YZi Labs said on Wednesday it would back investment firm 10X Capital's push to set up a BNB reserve company called "The BNB Treasury Company" and seek to list on "a major US exchange".
The company will be led by David Namdar, a senior partner at 10X Capital and co-founder of Galaxy Digital, who previously co-headed the firm's trading division.
Binance Founder Family Office Backs BNB Reserve Company for IPO
2025-07-10 01:22:57
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