B Strategy Launches $1B BNB Treasury Firm, Aims to Foster Ecosystem Growth.

B Strategy, a digital asset-focused investment firm, is launching a U.S.-listed BNB treasury company with a $1 billion funding target. Led by Metalpha co-founders and former Bitmain CFO, the company aims to become the 'Berkshire Hathaway' of the BNB ecosystem by investing in core tech development, providing grants, and supporting community initiatives. With strategic support from YZi Labs, the initiative will leverage B Strategy's Asia-Pacific footprint to foster ecosystem growth.

B Strategy, a digital asset-focused investment firm, has announced the launch of a U.S.-listed BNB treasury company, aiming to raise $1 billion. The initiative, supported by YZi Labs, seeks to become the 'Berkshire Hathaway' of the BNB ecosystem by investing in core technology development, providing grants, and supporting community initiatives. The company will leverage B Strategy's extensive Asia-Pacific footprint to foster ecosystem growth [1].

Led by co-founders of Metalpha and the former CFO of Bitmain, the treasury firm will operate through a U.S.-listed vehicle to hold BNB as a treasury asset. The company aims to maximize BNB-per-share through strategic investments and community engagement. The initiative has already attracted strong regional backing, with several prominent Asia-based family offices serving as anchor investors in the initial funding [1].

YZi Labs, with over $10 billion in assets under management, is confident in supporting B Strategy's mission to grow the BNB ecosystem. The company's team, which includes executives with extensive experience in both crypto and traditional finance, will bring a combination of crypto-native expertise and U.S. public-market discipline to the treasury firm [1].

The treasury company will emphasize transparency and verification of holdings, strong engagement with the BNB ecosystem, and community initiatives. The initiative is expected to close its financing in the coming weeks [1].

References:
[1] https://www.prnewswire.com/news-releases/b-strategy-to-launch-1-billion-us-listed-bnb-treasury-company-with-yzi-labs-support-302537384.html