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B Strategy plans to raise $1 billion with the support of YZi Labs to establish the US Stock BNB Treasury Company
BlockBeats News, August 25th, According to The Block, investment firm B Strategy focused on digital assets announced that it will launch a plan to list the BNB Treasury Company on Nasdaq, aiming to raise $1 billion. The unnamed BNB Treasury Company of B Strategy will receive strategic support from YZi Labs. A representative stated that YZi Labs, in addition to providing funding support, will also provide ecosystem support by connecting it with ecosystem partners.
B Strategy stated that it will leverage its extensive presence in the Asia-Pacific region to access liquidity, market intelligence, and distribution channels, and revealed that several well-known Asian family offices have joined as anchor investors.
Representatives from YZi Labs revealed to the media that the company expects to complete the Nasdaq listing and $1 billion fundraising plan within a few weeks.
After the establishment of the new company by B Strategy, it will work with multiple existing institutions to provide leveraged BNB investment exposure to the market.
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