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blockchainOct 16, 2026AI summary

Binance.US Seeks Up to $100M at $1B Valuation: Bloomberg

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Binance.US is seeking up to $100 million at a $1 billion valuation, Bloomberg reported, while Trump-affiliated World Liberty Financial is not participating.

Binance.US Seeks Up to $100M at $1B Valuation: Bloomberg

Binance.US is looking to raise as much as $100 million at a valuation of $1 billion, according to Bloomberg reporting cited by The Defiant.

World Liberty Financial, a crypto venture affiliated with Donald Trump, was informed about the fundraising effort, Bloomberg reported.

The venture is not taking part in the proposed round, according to the report. The supplied account did not identify other prospective investors or give a timeline for the fundraising.

Source: The Defiant

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