10X Capital has officially introduced the BNB Treasury Company, in partnership with YZi Labs, marking a significant move in digital asset treasury management focused on investments exclusive to the BNB Chain ecosystem in the United States.
The newly formed entity is on track to pursue a public listing on a major U.S. stock exchange, offering American investors a chance to invest in BNB, currently ranked as the fourth-largest digital asset based on market capitalization.
10X Capital announced the launch of the first $BNB Treasury Company in the U.S. with backing from @YZiLabs. The initiative is led by $GLXY co-founder David @Namdar, 10X CIO Russell Read, and former @krakenfx team member @SaadNaja. Stay tuned for further updates!
https://t.co/Lb4CC6YhaV
— 10X Capital (@10XCapitalUSA) July 10, 2025
“Strategy” of the Binance Ecosystem
This initiative aims to emulate Bitcoin treasury strategies that have seen considerable success, with a focus on BNB’s substantial market cap of $92 billion as the native token for the Binance ecosystem.
Leading the team are industry veterans including David Namdar, a co-founder of Galaxy Digital and former Millennium Management executive, alongside Russell Read, an institutional investor who previously served as CIO of CalPERS and the Alaska Permanent Fund.
This announcement aligns with the increasing trend of corporate entities adopting BNB as a strategic reserve asset. Notably, Chinese firm Nano Labs recently made headlines with a $50 million acquisition of 74,315 BNB tokens at a price of $672.45 each.
Nano Labs plans to amass a significant portion of BNB’s circulating supply, aiming to control 5-10% through a $1 billion accumulation strategy leveraging convertible notes and private placements.
Further developments in corporate strategies include hedge fund executives seeking to raise $100 million to invest in BNB through the Build & Build Corporation, which will become the first Nasdaq-listed company to include BNB on its balance sheet.
This initiative is spearheaded by former Coral Capital Holdings executives: Patrick Horsman, Joshua Kruger, and Jonathan Pasch. They plan to mirror MicroStrategy’s model of corporate Bitcoin accumulation, with targets for fundraising expected to wrap up before the end of July.
Corporate Treasury Revolution is Moving Away From Bitcoin-Only Strategy
Nano Labs has emerged as the first major public enterprise to accumulate BNB at scale, increasing its total digital asset reserves to $160 million, which now also incorporates Bitcoin holdings.
@NanoLabsLtd has initiated a $500 million convertible note agreement as part of its broader strategy to accumulate BNB, which could reach up to $1 billion.#NanoLabs #BNBhttps://t.co/mPyfq9HiSQ
— Finance Newso.com (@Finance Newso) June 24, 2025
The Hong Kong-listed firm conducted thorough assessments of BNB’s utility, network security, and long-term investment potential before launching this accumulation initiative.
On the regulatory front, Bhutan’s Gelephu Mindfulness City has included BNB in its official strategic reserves alongside Bitcoin and Ethereum, positioning itself among the first jurisdictions to formally recognize BNB within governmental portfolios.
This trend is not restricted to BNB, as GameSquare has announced a $100 million allocation for an Ethereum treasury, aiming for yields between 8-14% using Dialectic’s Medici platform—substantially above the typical ETH staking returns of 3-4%.
The media and entertainment entity successfully raised $8 million through public offerings to support its ETH treasury ambitions.
In a similar strategic pivot, Bit Digital has transitioned by selling 280 BTC to deploy $172 million in acquiring over 100,000 ETH, positioning itself among the top public Ethereum holders worldwide.
Bit Digital goes all-in on Ethereum, dumping all 280 $BTC to build a massive 100K+ $ETH treasury following a $172M capital raise aiming for preeminent $ETH holding company status.#Bitcoin #Ethereumhttps://t.co/nBtaOQcNwt
— Finance Newso.com (@Finance Newso) July 8, 2025
This company currently operates 21,568 ETH within native staking protocols, earning 211 ETH in rewards during Q1 of 2025.
Binance Ecosystem Expansion Drives Institutional Adoption
Binance has introduced Institutional Loans, allowing verified corporate clients to access up to 4x leverage by borrowing against multiple accounts without requiring asset consolidation.
This cross-collateralized credit line encompasses over 400 collateral assets, with major cryptocurrencies like BTC, ETH, and BNB benefiting from exemption from haircut ratios.
The exchange continues to attract significant market participants, as evidenced by a surge in average Bitcoin deposits to 7 BTC during price surges, the highest figure across all exchanges.
Binance also leads the altcoin depositing activity, registering up to 59,000 daily deposits—more than double that of Coinbase.
Recently, Kraken partnered with BNB Chain to enhance the availability of xStocks by tokenizing U.S. equities and utilizing BEP-20 tokens for assets including Apple, Tesla, and Nvidia.
Moreover, BNB Chain’s recent Maxwell upgrade has successfully halved block times from 1.5 seconds to 0.75 seconds, achieving sub-second transaction finality while maintaining an average transaction fee of $0.04.
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