CZ’s YZi Labs Seeks Control of CEA Industries, Calling for Leadership Restructuring

Binance CEO Changpeng Zhao (CZ) backed firm, YZi Labs, is seeking control of CEA Industries, a publicly traded company specializing in BNB treasury management. The move comes after months of tension over slow progress, missed deadlines, and an widening gap between the company’s stock value and its crypto holdings. YZi Labs’ strategy involves reversing recent bylaw changes, expanding the board with new members, and installing their own nominees on the board.