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Aster CEO: YZi Labs is the only private investor, holding only a small number of tokens and has no reason to sell

2025-09-29 06:29

According to Odaily Planet Daily, Aster CEO Leonard stated in an interview with Mable, founder of the social protocol Trends: "YZi Labs is indeed Aster's only private equity investor. Their stake is not high, but they have provided us with significant support. I cannot disclose the specific details of the investment agreement, but I can say that they have no intention of cashing out. They are not short of funds, nor are they in a hurry to sell. From the TGE to now, our performance in the BNB ecosystem has proven the value of the project. Even without forced lock-ups, YZi Labs has no incentive to crash the market. Moreover, the tokens they receive are only a small portion of the 5% team allocation, as they invested in equity, not the tokens themselves."