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Binance’s YZi Labs backs US based BNB treasury firm targeting IPO

  • YZi Labs, led by Binance's former CEO, backs the first US-based BNB treasury firm by 10X Capital, targeting an IPO.
  • Nano Labs recently purchased $50 million in BNB tokens, with plans to increase the investment to $1 billion.
  • Binance Coin (BNB) has surpassed $665, indicating a possible uptrend towards the $733 target.
  • The new treasury company aims to offer BNB-backed shares via an IPO, providing institutional investors with simplified access to BNB holdings.

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