Binance.US seeks $1B valuation in potential $100M funding round: Report
Summary
Crypto exchange Binance.US is reportedly aiming to raise one hundred million dollars in a new funding round. This financing effort is intended to achieve a valuation of one billion dollars for the platform. The company hopes the additional capital will help it recover market share after last year's regulatory settlement involving United States authorities.
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.
Source: Read the full story at Cointelegraph.com News
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