CZ, the co-founder and CEO of Binance, has issued a warning to firms managing BNB treasury funds, emphasizing the critical importance of employing secure custodial services. He stated that failure to utilize reputable custodians for their treasury management could result in a loss of access to investment opportunities and essential resources on the Binance platform. This cautionary message highlights the importance of safeguarding digital assets and ensuring compliance with industry standards to maintain operational integrity and trust in the cryptocurrency ecosystem.
source: https://blocknews.com/cz-warns-bnb-treasury-firms-use-custodians-or-lose-investment-access/