Express

Binance.US Is Set To Close On A Large Private Fundraising Round In Next 2 Months And IPO In Three Years

Amy Liu

Summary: Binance, the world’s largest cryptocurrency exchange, has run into a stream of regulatory and legal problems. But founder and CEO Changpeng Zhao is confident that the exchange can overcome these recent setbacks. Binance.US is set to close on a large private fundraising round in the next two months that should reduce his control of the ...

Binance, the world’s largest cryptocurrency exchange, has run into a stream of regulatory and legal problems. But founder and CEO Changpeng Zhao is confident that the exchange can overcome these recent setbacks.

Binance.US is set to close on a large private fundraising round in the next two months that should reduce his control of the board, said Zhao, who is chair of Binance.US, in an interview. The U.S. exchange could have an initial public offering in the next three years, he said. A listing for its U.S. affiliate would be a major win for Binance.

By Amy Liu

Last Update:

Tags: Binance.US,Changpeng Zhao
Link: Binance.US Is Set To Close On A Large Private Fundraising Round In Next 2 Months And IPO In Three Years [Copy]

Last: According to Bitpush Market Data, BTC is now $49001.88, up 0.72% in 10 minutes, breaks above $49000 mark.

Next: Most Europeans Want Local Governments to Regulate Crypto, Not The EU

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 10 hours ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago

AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago