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.

-- Price

--

You may also like

Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Relive WEEX Crypto Pizza Day in Dubai, where the MENA crypto community gathered at WEEX Dubai Studio to celebrate Bitcoin Pizza Day with pizza, poker, networking, and a live AI trading competition. Discover how WEEX turned a historic crypto milestone into a hands-on AI trading experience.

Why have foreign exchange stablecoins never taken off?

Rather than issuing a local currency stablecoin from scratch, it is better to build a layer of foreign currency pricing on top of a USD stablecoin, allowing users to enjoy the liquidity of the dollar while keeping accounts in local currency.

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

Overview of Important Market Events on May 21

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

DeepSeek Code is coming.

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

SpaceX's public market debut could take place as early as June, making it the first in a series of giant IPOs from AI companies, with OpenAI and Anthropic also waiting for the right moment.

Contents

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