<ul data-eligibleForWebStory="false">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.