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Binance founder family office supports BNB Reserve's proposed IPO

Online reports that YZi Labs, the family office of Binance co-founder CZ, will support a new reserve management company that will provide investors with BNB-linked investment opportunities and plans to list in the United States. YZi Labs said on Wednesday it will support investment firm 10X Capital in pushing to establish a BNB reserve company called "The BNB Treasury Company" and seeking a listing on "a major U.S. exchange." The company will have David Namdar as CEO. He is a senior partner at 10X Capital and co-founder of Galaxy Digital, where he served as co-head of the company's trading department.

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