BNC

CEA Industrie
2026-06-24 01:50:46

CEA Industries Reaches Settlement with YZi Labs, Appoints Three New Directors, Shifts to BNB Treasury Strategy

Listed company CEA Industries has settled a proxy fight with Binance co-founder Changpeng Zhao's family office YZi Labs. Ella Zhang, Alex Odagiu, and Matthew Roszak will join the board, with Odagiu serving as interim president. The company formally pivots to a BNB-centric treasury strategy after securing a $500 million PIPE investment led by YZi Labs last August.

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CEA Industries Reaches Settlement with YZi Labs, Appoints Three New Directors, Shifts to BNB Treasury Strategy