Changpeng Zhao’s YZi Labs Ventures into BNB-Based Treasury Business
The cryptocurrency market is witnessing a significant shift towards institutional adoption as Changpeng Zhao, the founder of Binance, through his family office YZi Labs, announces the launch of a new treasury company centered around BNB. Teaming up with investment firm 10X Capital, the venture aims to acquire and retain BNB with a strategic objective of eventually becoming listed on a prominent U.S. stock exchange.