BNB Standard Corporation, which trades on Nasdaq as BNC, said it plans to operate a validator on BNB Chain as part of its effort to build an operating business around the network.
A specialist infrastructure provider will manage the validator’s technical operations under BNB Standard’s governance, according to the company’s announcement. The company said it aims to grow BNB per share while establishing operating activity on BNB Chain.
The announcement also named Alex Odagiu as chief executive officer. BNB Standard said validator rewards are variable and not guaranteed.
The company plans to report on the validator through its treasury dashboard once it is live on mainnet. It did not give a launch date.
