Binance.US funding round seeks up to $100M as US competition grows
Photo: The Cryptonomist
A person familiar with the matter says Binance .US is pursuing a private funding round of up to USD 100 million to grow its American operations, aiming for a valuation of around USD 1 billion . The exchange intends to put the capital toward strengthening its position in the US crypto market, where competition for digital-asset customers has intensified. The figures represent fundraising targets rather than a completed financing. World Liberty Financial was informed about the Binance.US funding round, according to people familiar with the matter.
Source: The Cryptonomist
