$BNCB Binance doesn’t necessarily need to get listed. It only needs to strengthen and grow BNB’s market value. But if there’s a listed shell that can package BNB value into it, then that company’s market cap will grow along with BNB as well. In that case, the company’s shareholders can directly benefit too. MicroStrategy has already proven that this system works. And yesterday, after YZI exercised BNC, its BNC shareholding ratio reached 20%. As everyone knows, YZI is the CZ family office, meaning CZ’s holding of BNC also reaches 20%. Those who get it, get it.