Binance co-founders Changpeng ‘CZ’ Zhao and Yi He, through their YZi Labs investment firm, have confirmed their support for 10X Capital (VCXA) in launching a U.S.-based firm focused exclusively on BNB investments.
YZi Labs, managing approximately $10 billion in assets, is backing 10X Capital to establish a BNB treasury company.
BNB meets Wall Street. YZi Labs officially supports @10XCapitalUSA to develop the BNB Treasury Company. U.S. investors now have a gateway for BNB’s growth. YZi Labs champions BNB as a treasury asset, making thoughtful partner selections. Rely only on our official channels… link — YZi Labs (@yzilabs) July 10, 2025
10X Capital aims to launch its first publicly traded BNB Treasury company, positioning itself similarly to Bitcoin-focused strategies. Supported by YZi Labs, the initiators aim to finalize financing soon, emphasizing transparency and community engagement within the BNB ecosystem.
Ella Zhang of YZi Labs stated, “BNB Chain is one of the most widely adopted blockchain ecosystems. BNB is the gas, the glue, and the governance layer for a scalable, decentralized future—powered by builders, for builders. We believe expanding its institutional access can deliver meaningful benefits to the broader public.”
Despite only seeing a slight increase of 1.5% in the BNB price following the announcement, its future looks bright as it retains strong trading levels above $645, inching closer to all-time highs.
