BlockBeats News, August 25th, CZ stated on social media that TheBlock, a cryptocurrency media, made some unfounded statements in its report on "B Strategy," specifically adding that "B Strategy will receive strategic support from YZi Labs led by Binance co-founder CZ and Yi He," which is considered as "over-interpretation," as Ms. Yi He was not involved in this matter.
BlockBeats previously reported that B Strategy, an investment company focusing on digital assets, announced plans to launch the BNB Treasury Company for listing on Nasdaq, aiming to raise $1 billion. The unnamed BNB Treasury Company of B Strategy will receive strategic support from YZi Labs. A representative stated that in addition to providing financial support, YZi Labs will also provide ecosystem support by connecting ecosystem partners.