TechFlow news, August 25 — According to The Block, B Strategy, an investment firm focused on digital assets, announced plans to launch a Nasdaq-listed treasury company for BNB, targeting $1 billion in fundraising. The yet-to-be-named BNB treasury company will receive strategic backing from YZi Labs. A representative stated that beyond financial support, YZi Labs will also provide ecosystem support by connecting it with ecosystem partners.
B Strategy said it will leverage its extensive presence across the Asia-Pacific region to secure liquidity, market intelligence, and distribution channels, and revealed that several prominent Asian family offices have joined as anchor investors.
A representative from YZi Labs told the media that the company expects to complete the Nasdaq listing and $1 billion fundraising within weeks.
