B Strategy Launches U.S.-Listed Company to Raise $1 Billion for BNB Treasury
Digital asset investment firm B Strategy is launching a U.S.-listed company to act as a treasury and investment vehicle for BNB. Key details include:
- The company aims to raise $1 billion, supported by YZi Labs, led by Binance co-founders.
- Max Hua, former CFO of Bitmain, will lead the initiative alongside Metalpha co-founders.
- The goal is to provide institutional-grade exposure to BNB.
- The firm plans to operate like "the Berkshire Hathaway of the BNB ecosystem," focusing on asset holding and ecosystem growth.
- It will fund core technology, offer project grants, and support community initiatives.
- Hua emphasizes transparency, governance, and independent verification for investor confidence.
This initiative aims to connect crypto tokens with traditional markets, potentially attracting both institutional and retail investors into the BNB ecosystem.