B Strategy, a digital asset-focused investment firm led by former Bitmain executives, has announced plans to launch a Nasdaq-listed BNB treasury company targeting a $1 billion capital raise. The initiative is backed strategically by YZi Labs, an investment firm led by Binance co-founders Changpeng Zhao and Yi He. The new company aims to become a "Berkshire Hathaway" for the BNB ecosystem by holding BNB as its core treasury asset and reinvesting into BNB infrastructure, builders, and community projects to fuel ecosystem growth. The launch is expected to be completed within a few weeks. This development coincides with BNB Chain's recent milestones, including its fifth anniversary and BNB token approaching an all-time high near $900. Separately, Nasdaq-listed Caliber has also approved a Digital Asset Treasury Strategy to allocate treasury funds for purchasing LINK tokens from Chainlink.
Nasdaq-listed Caliber announces that its Board of Directors has formally approved the Digital Asset Treasury Strategy (DAT Strategy) and Digital Asset Treasury Policy (DAT Policy), planning to allocate a portion of its treasury funds to purchase LINK tokens from the Chainlink
$CWD (+56.5% pre) Caliber Establishes LINK Token Digital Asset Treasury https://t.co/2Mc84xTRXW
🚀 Week in BNB Chain: BNB Brushes ATH, Treasuries Circle Sector +2.9%! BNB nears $900! TVL +3.5% while DEX volume slips! $1B BNB Treasury plan; @kucoincom lists $BAS! Let’s unpack what went down in BNB Chain this week.🧵 1/7 https://t.co/akakeBBN9i