On July 10th, YZi Labs announced today that it will support 10X Capital, a leading investment institution focused on digital assets and digital asset reserve companies, in establishing the "BNB Reserve Company." This is a U.S. company focused on digital asset management and independent operation within the BNB Chain ecosystem.

It is reported that the BNB Reserve Company plans to list on a major U.S. stock exchange, aiming to provide U.S. investors with the opportunity to access the growth of BNB, the world's fourth-largest digital asset by market cap, and will focus on the development of the BNB Chain ecosystem. 10X Capital has recent success stories in the field of digital asset reserve companies (Nasdaq-listed Nakamoto). This time, it will cooperate with the capital market department 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. [BlockBeats]