Binance's Former CEO Changpeng Zhao (CZ) Announces New Plan for BNB! Here Are the Details

Digital asset investment firm B Strategy has released a video featuring its founder Leon Lu and Binance’s former CEO Changpeng Zhao (CZ), highlighting the importance of BNB in the ecosystem. B Strategy's Nasdaq Move: $1 Billion Target for BNB Treasury In the video shared on the X platform, CZ emphasized that BNB is not only a utility token but also a native currency used on multiple blockchains. CZ stated that BNB is one of the few tokens with widespread use on centralized exchanges (CEX). These include trading fee discounts, yield generation, and the Launchpad, Launchpool, and Alpha platforms. BNB is also accepted as a payment instrument in some countries. Regarding the BNB Digital Asset Treasury (DAT), CZ said he has met with approximately 50 potential DAT teams, but that it's impossible to support every initiative. Zhao stated that he will only support a select few companies with strong long-term potential. Meanwhile, on August 25th, B Strategy announced plans to list its BNB treasury on Nasdaq. The company aims to raise $1 billion with this move. The treasury, whose name has not yet been announced, will be strategically backed by YZi Labs. While these developments strengthened BNB’s position among institutional investors and digital asset treasuries (DAT), they also raised the question of whether a new growth era for BNB is beginning in the crypto markets. *This is not investment advice. Continue Reading: Binance's Former CEO Changpeng Zhao (CZ) Announces New Plan for BNB! Here Are the Details