BNB Standard Appoints Alex Odagiu CEO, Plans BNB Chain Validator

BNB Standard Corporation appointed interim president Alex Odagiu CEO effective Oct. 19 and plans to operate its own BNB Chain validator, with a specialist provider to handle technical work. The company trades on Nasdaq under BNC. It will select the provider through a competitive process and oversee the validator. BNB from its treasury will remain with qualified custodians during staking. Validator rewards will depend on network activity and performance and are not guaranteed. Odagiu has served as interim president and a director since June. He will remain on the board and has resigned as an investment partner at YZi Labs in connection with his CEO appointment. He said he wants to grow BNB per share and build an operating business on BNB Chain, beginning with the validator.

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