Binance.US Eyes $100M Funding Round at $1B Valuation: Report
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Binance.US is reportedly seeking $100 million in funding at a $1 billion valuation as it looks to rebuild its market share.
Binance.US is exploring a potential $100 million fundraising round with a targeted valuation of $1 billion, according to a report cited by Cointelegraph.
The exchange would reportedly use the new capital to recover market share following Binance’s settlement with US authorities in 2023.
The funding round remains a reported possibility rather than a confirmed deal. The source provided no details on prospective investors or a timeline.
Source: Cointelegraph
