YZi Labs and 10X Capital Launch U.S. BNB Treasury to Drive Institutional Crypto Adoption

Sean Williams
Binance

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Key Takeaways:

  • YZi Labs and 10X Capital are launching a U.S.-based BNB treasury company to support institutional BNB investments.
  • Nano Labs’ $500M funding aims to build a dedicated BNB treasury infrastructure, adding momentum to the ecosystem.
  • BNB’s increasing institutional integration positions it as a long-term player in both Web3 and traditional financial systems.

YZi Labs — formerly known as Binance Labs — is partnering with 10X Capital to launch a publicly-traded BNB treasury company in the United States. Owned by Binance co-founders Changpeng Zhao (CZ) and Yi He, YZi Labs is working to institutionalize BNB by aligning it with regulated investment structures.

A Milestone in BNB Asset Management

The new treasury initiative, to be managed by 10X Capital, marks a pivotal step in legitimizing BNB as an investable asset class for institutional portfolios. 10X Capital, an asset management firm with a strong focus on digital transformation and crypto assets, is spearheading this project with industry leaders such as David Namdar (Galaxy Digital co-founder) and Saad Naja (former Kraken executive).

This development positions BNB for deeper integration into traditional financial markets, creating more transparent and compliant investment vehicles centered around the native Binance token.

Nano Labs Adds Fuel with $500M BNB Commitment

Further strengthening the case for BNB’s growing institutional appeal, Nano Labs — a Chinese Web3 infrastructure firm — announced $500 million in private convertible notes on June 24. The funds are earmarked to create a dedicated BNB treasury, aligning with the mission to broaden BNB’s utility and long-term value proposition.

While YZi Labs manages around $10 billion in assets, the firm has not revealed the exact amount it plans to commit to this treasury venture. Nevertheless, its endorsement alone sends a strong signal to the broader market.

Also Read: $31B in Stablecoins on Binance Sparks Altseason Hype as Bitcoin Exits Exchanges

Strategic Rebranding and Leadership at YZi Labs

The rebranding from Binance Labs to YZi Labs reflects a shift toward greater independence and regulatory clarity. Former Binance CEO Changpeng Zhao has joined YZi Labs as an advisor, reinforcing the firm’s strategic ambitions. The VC arm continues to back promising Web3 projects such as Vana Network and OneKey, further underlining its commitment to blockchain innovation.

BNB, currently ranked as the fifth-largest cryptocurrency by market capitalization, trades at $672 with a total valuation nearing $95 billion. This latest institutional initiative may bolster its standing in both retail and professional investor circles.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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