Binance US is looking to raise up to $100 million in a private round that would value the exchange at around $1 billion, well below its $4.5 billion mark from 2022.
• World Liberty Financial was made aware of the round but isn't participating
• Binance US is also weighing access to Binance's global liquidity and chasing state money-transmitter licenses it lost after the 2023 US settlement
CZ remains a major shareholder in both Binance US and the global exchange, and the raise comes as Binance US explores a push into prediction markets under new CEO Stephen Gregory.
CryptoDep | Community Chat | X | Telegram
