B Strategy plans to raise $1 billion to establish a US stock BNB treasury company with the support of YZi Labs

ChainCatcher news, according to The Block, investment firm B Strategy, focused on digital assets, announced plans to launch a BNB treasury company listed on Nasdaq, aiming to raise $1 billion.

The unnamed BNB treasury company by B Strategy will receive strategic support from YZi Labs. A representative stated that YZi Labs will not only provide financial support but also ecosystem support by connecting it with ecosystem partners.

B Strategy indicated that it will leverage its extensive presence in the Asia-Pacific region to acquire liquidity, market intelligence, and distribution channels, revealing that several well-known family offices in Asia have joined as anchor investors.

A representative from YZi Labs disclosed to the media that the company expects to complete the Nasdaq listing and the $1 billion fundraising plan within weeks.

After the establishment of the new company by B Strategy, it will collaborate with several existing institutions to provide leveraged BNB investment exposure to the market.