According to a press release. The company aims to increase a billion dollars and is trained with the strategic support of Yzi Labs – the investment company led by the co -founders of Binance Changpeng Zhao and Yi He.
The new company will be managed by Max Hua, the former financial director of the Mining Bitmain giant, and the co-founders of the director of assets Crypto Metalpha. Its objective is to offer an institutional exhibition to BNB, the native token of the BNB chain, by modeling the vehicle after a familiar game book.
“The initiative intends to operate via a vehicle on the United States not only to hold BNB as a treasure, but also to become the” Berkshire Hathaway “of the BNB ecosystem,” the statement said.
This ambition goes beyond asset holding. According to the press release, the company will devote the capital and resources to the growth of the BNB ecosystem by funding basic technology, by offering subsidies for experimental projects and by supporting community -oriented initiatives.
Max Hua said the company would focus on transparency and governance.
“Based on my years of work with the most important bitcoin minors in the world, I saw the real scale of industrial quality governance, transparent reports and banking controls,” said Hua. “We bring the discipline of this operator to the company: the assets verified independently, the best police custody, rigorous risk limits and flawless cross -border processes so that investors – from New York to Hong Kong – can access the BNB with confidence and efficiency.”
The company is added to a growing list of vehicles that try to fill the crypto-native tokens with traditional public procurement. In the event of success, it could bring institutional and retail investors to the BNB ecosystem with the same ease and the same examination as the inherited financial assets.
