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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

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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]

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