BNB Plus Corp. Transitions to In-House Digital Asset Treasury Management

BNB Plus Corp. (OTCQB: BNBX), previously known as Applied DNA Sciences Inc., has made a significant strategic decision aimed at enhancing its treasury management operations. In a press release dated July 30, 2026, the company announced its transition to fully internalized digital asset treasury management, ending its advisory and asset management arrangement with Cypress Management, LLC and its affiliates.

Clay Shorrock, President and CEO of BNB Plus, expressed appreciation for the partnership with Cypress Management, highlighting their role in building a disciplined treasury strategy. Shorrock noted, "Cypress has been a valued, professional partner throughout our relationship, helping us build a disciplined treasury strategy from the ground up and working constructively with us through this transition." He emphasized that this shift is crucial for aligning the company’s treasury execution more closely with its strategic objectives, marking a pivotal moment in BNB Plus's journey to create long-term shareholder value.

The decision to manage the BNB treasury strategy in-house follows a recent shareholder-led financing initiative, which was completed just over a month prior to this announcement. This move is expected to further strengthen the alignment between the company's goals and its execution capabilities, reflecting a proactive approach to maximizing shareholder returns.

Further details regarding the transition will be outlined in the Company's Current Report on Form 8-K, which was filed on July 29, 2026. This document will provide stakeholders with insights into the specifics of the transition arrangements and how they will impact the company's operations moving forward.

BNB Plus Corp. is at the forefront of providing streamlined access to the Binance ecosystem. The company specializes in delivering non-directional yield strategies and long BNB exposure, which it describes as "powering the future of blockchain through a transparent, actively managed BNB treasury." BNB Plus employs a unique strategy that combines sophisticated decentralized finance (DeFi) yield generation with Binance-native opportunities, aiming to unlock high-performance digital asset access for investors who have traditionally been excluded from this space.

The company continues to commercialize its proprietary nucleic acid production solutions for the biopharmaceutical and diagnostics markets, showcasing its commitment to innovation and growth in multiple sectors.

As BNB Plus embarks on this new chapter of treasury management, the implications for its financial health and shareholder value will be closely monitored. With the inherent volatility of digital assets and the evolving regulatory landscape, the company's strategy will need to navigate various challenges. However, the internalization of its treasury management is poised to enhance agility and responsiveness in a rapidly changing market.

In conclusion, BNB Plus Corp.'s transition to internalized digital asset treasury management represents a strategic evolution aimed at aligning execution with long-term goals, reinforcing its commitment to maximizing shareholder value in the dynamic world of digital assets.