CZ Addresses Misinterpretation: YZi Labs to Support B Strategy’s $1B BNB Treasury Firm

The cryptocurrency world was abuzz with the news of B Strategy launching a US-listed $1 billion BNB treasury firm. Initial reports suggested that Changpeng Zhao’s investment firm, YZi Labs, would play a pivotal role in this initiative, leading to confusion and misinterpretations. However, CZ quickly clarified the situation on X (formerly Twitter). His statement assured everyone that YZi Labs will indeed support the venture but will not lead it.