B Strategy, founded by former Bitmain executives, plans a $1 billion BNB treasury backed by YZi Labs to accumulate BNB as a long-term reserve via a private placement with a US-listed partner, mirroring the structure used by 10X Capital and funded in part through family-office capital.
-
New BNB treasury: $1 billion target to hold BNB as a reserve asset.
-
Backed by YZi Labs (family office of Changpeng Zhao) and structured like 10X Capital’s recent vehicle.
-
Funding via private placement with a US-listed company; 10X Capital raised $250 million previously.
BNB treasury plan: B Strategy launches $1B BNB treasury backed by YZi Labs — read the summary and next steps. Learn how the treasury will be funded and structured.
COINOTAG reports: B Strategy plans to follow the playbook of 10X Capital, which recently secured funding for a BNB treasury supported by YZi Labs.
B Strategy, a digital asset investment firm founded by former Bitmain executives, plans to launch a $1 billion crypto treasury focused on accumulating and holding BNB, the native token of the Binance ecosystem.
According to a Monday announcement, the new BNB treasury is backed by YZi Labs, the family office of Binance co-founder Changpeng Zhao. YZi Labs is led by Ella Zhang and functions as a strategic backer for treasury-style vehicles.
What is B Strategy’s $1 billion BNB treasury plan?
B Strategy’s BNB treasury is a dedicated reserve vehicle designed to acquire and hold BNB as a long-term asset. The firm intends to fund the treasury through a private placement with a US-listed company, then convert the listed entity’s business model to manage BNB assets as a treasury.
How will B Strategy structure and fund the treasury?
B Strategy plans to collaborate with a US-listed company via a private placement. After the capital injection, the listed company will purchase BNB and transition into a treasury-focused entity. This mirrors the approach taken by 10X Capital, which raised $250 million to accumulate BNB as a reserve.
Why is YZi Labs’ involvement significant?
Yzi Labs’ backing lends access to capital and strategic credibility. As the family office associated with Changpeng Zhao, YZi Labs’ support has been pivotal in recent BNB treasury formations. Public reporting identifies YZi Labs as a primary backer in similar capital raises, reinforcing market confidence in treasury vehicles.
How have BNB treasury companies performed so far?
Companies that announced BNB treasuries have produced mixed public-market outcomes. For example, shares of CEA Industries surged 550% after unveiling a BNB treasury plan. Another vehicle, BMB Network Company’s $500 million BNB treasury, reported oversubscription in its funding round. These outcomes demonstrate both strong investor appetite and volatile market reactions.
What does BNB’s market position imply for treasury strategies?
BNB remains one of the largest tokens by market capitalization. Cointelegraph indexes place BNB as the fourth-largest crypto token, valued at about $120.3 billion at the time of reporting. BNB’s utility—paying transaction fees, enabling staking, and governance participation—supports its selection as a reserve asset in treasury strategies.
How will the treasury operate in practice?
Operational plans emphasize long-term holding and institutional custody. B Strategy cited plans to act as a bridge between US and Asian markets, aiming to provide Asian investor access to US-listed treasury exposure while maintaining on-chain BNB reserves.
How-to: Steps B Strategy is expected to follow (HowTo)
- Private placement: Secure capital via a private placement into a US-listed partner company.
- Capital conversion: Listed company converts proceeds into BNB purchases.
- Treasury governance: Establish custody, reporting, and governance policies for long-term asset management.
- Market communication: Provide investor disclosures and periodic updates on holdings and strategy.
- Regulatory compliance: Maintain compliance with applicable securities and crypto regulations in relevant jurisdictions.
Frequently Asked Questions
Is the $1 billion target confirmed?
The firm announced plans for a $1 billion BNB treasury target; the final raised amount depends on the private placement outcome and investor participation.
Who are the key partners and backers?
Yzi Labs (family office of Changpeng Zhao) is a named backer. The model follows 10X Capital’s recent $250 million raise, and public reporting from sources such as Cointelegraph and Forbes has covered similar initiatives.
Key Takeaways
- Strategic move: B Strategy targets a $1 billion BNB treasury to hold BNB as a reserve asset.
- Backed by YZi Labs: Family-office support provides capital and market credibility.
- Funding mechanism: Private placement with a US-listed company will convert proceeds into BNB holdings.
Conclusion
B Strategy’s proposed $1 billion BNB treasury represents a continued trend of corporate treasuries using BNB as a strategic reserve. Backed by YZi Labs and modeled after recent initiatives like 10X Capital’s vehicle, this approach prioritizes long-term holding, cross-border investor access, and institutional governance. COINOTAG will update this report as capital commitments and regulatory developments are confirmed.
