B Strategy, a BNB Treasury Vehicle, Seeks $1B Fundraise Backed by CZ’s YZi Labs

B Strategy Plans $1B U.S.-Listed BNB Treasury Firm With YZi Labs Backing

August 25, 2025 – Digital asset investment firm B Strategy has announced plans to create a U.S.-listed company dedicated to holding BNB and investing in the BNB ecosystem. The initiative is targeting a $1 billion raise and is backed by YZi Labs, the investment firm led by Binance co-founders Changpeng Zhao and Yi He.

The venture will be headed by Max Hua, former CFO of mining giant Bitmain, alongside co-founders of crypto asset manager Metalpha. The company is designed to offer institutional-grade exposure to BNB, positioning itself as both a treasury and an ecosystem growth vehicle.

According to the release, the firm intends to act as the “Berkshire Hathaway of the BNB ecosystem”, combining token holdings with strategic investments in core technology, community projects, and developer initiatives.

Hua stressed that transparency and governance will be central to the model:

“We’re bringing operator-level discipline—independently verified holdings, best-in-class custody, strict risk controls, and efficient cross-border processes—so investors worldwide can access BNB with confidence,” Hua said.

If successful, the new vehicle could bridge crypto-native assets with traditional capital markets, attracting both institutional and retail investors to the BNB ecosystem under a regulated structure.