BNB Standard names ex-YZi Labs partner CEO, to run BNB validator nodes
- —Odagiu joined YZi Labs' five-person investment team in 2021, working on the BNB ecosystem and tokenized equities
- —The board is split 3-3 between YZi Labs and the prior board, with a jointly picked independent seventh director
- —BNC trades near $5.4 versus about $7.10 of BNB per share, putting mNAV below 1
- —Node scale and timing, plus any further BNB purchases, were not disclosed
Why it matters: The CEO change signals a shift from governance restructuring to execution, though shares still trade at roughly a 24% discount to NAV.
Source: TokenPost