CZ’s YZi Labs Aims for Control of CEA Industries, Seeking Leadership Overhaul

Binance founder Changpeng Zhao’s firm, YZi Labs, is pushing for a major overhaul at BNB Treasury company, CEA Industries. In a written consent solicitation filed with the SEC, YZi Labs seeks shareholder approval to reverse bylaw changes, add new board members, and install its own nominees. The move follows months of tension stemming from delays in execution, missed updates, and widening stock-crypto asset valuation gap.