Overview
- B Strategy says the new vehicle will hold and actively manage BNB while funding core technology, grants, and community initiatives across the BNB Chain.
- Former Bitmain CFO Max Hua will lead the effort alongside Metalpha co-founders, positioning the firm to apply public-company reporting and custody standards.
- Hua emphasized independently verified holdings, institutional-grade custody, and strict risk limits as cornerstones of the operating model.
- Changpeng Zhao acknowledged the initiative and noted that YZi Labs is a supporter rather than the lead, reinforcing the advisory role behind the project.
- The launch lands as companies outline roughly $1.75 billion in multi-chain treasury actions, including China Renaissance’s planned ~$100 million BNB allocation, Sharps Technology’s SOL-funded program, and ETHZilla’s ETH reserves with a $250 million buyback authorization.