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Binance-Backed BNB Treasury Firm Eyes U.S. Public Listing

  • BNB Treasury Company, backed by Binance, is set to launch and aims to list on a major U.S. stock exchange to offer exposure to the BNB ecosystem.
  • Investment firm 10X Capital has partnered with Cohen & Company Securities for capital raising to fund the initial acquisition of BNB for the new entity.
  • The company intends to fuse Binance's on-chain ecosystem with institutional financial infrastructure and is selective about formal partnerships.
  • Interest in using BNB as a treasury asset is increasing, as seen from a recent $50 million BNB purchase by Nasdaq-listed Nano Labs, indicating growing confidence in Binance's native token.

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