YZi Labs has announced its support for 10X Capital in establishing the "BNB Reserve Company."

By: theblockbeats.news|2025/07/10 10:02:02
0
Share
copy

BlockBeats News, July 10th. YZi Labs today announced its support for the leading investment institution focusing on digital assets and digital asset reserves, 10X Capital, in establishing the "BNB Reserve Company." This is a U.S.-based company that focuses on BNB Chain ecosystem digital asset management and operates independently.

It is reported that the BNB Reserve Company plans to list on major U.S. stock exchanges, aiming to provide U.S. investors with the opportunity to participate in the growth of BNB, the world's fourth-largest digital asset by market capitalization, and will focus on the development of the BNB Chain ecosystem. 10X Capital has recently had success in the digital asset reserve field (Nakamoto, a Nasdaq-listed company). This time, they will collaborate with the Capital Markets Division of Cohen & Company and Clear Street LLC to raise funds for the initial BNB acquisition.

The BNB Reserve Company will emphasize the transparency and verifiability of asset holdings, strengthen interaction with the BNB ecosystem and community, and is expected to announce the completion of related financing in the coming weeks.

You may also like

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Overview of Important Market Events on June 10

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Overview of Important Market Events on June 9th

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com