Binance.US Begins Preparations for IPO: Appoints Ex-President of PayPal as CFO

Binance.US, the US subsidiary of leading cryptocurrency exchange Binance, has appointed a new CFO (Manager of Finance) to prepare the company for a potential IPO.

Binance.US, Jasmine Leeof thursday day, whose seat has been on a temporary basis since October Will take over from CFO Eric Segal announced.

Experts, Federal Reserve (Fed) tightening its monetary policy. nowadays liquidity crisis and high leverage many cryptocurrency exchanges filing the bankruptcy flag Despite the crisis, Binance continue to stand and yourself positioned for growth it states.

Brian Shroder, CEO of Binance.US, About Lee’s job description:

He will manage the company’s financial operations, oversee the accounting, investor relations, treasury and taxation, and help the company prepare for a final IPO.

said.

Shroder for Jasmine Lee:Experience with Paypal, a publicly traded Fortune 500 company Considering for us very precious It will obviously happen.” He praised his abilities.

CEO, public offering date Although he did not give a definite answer when asked In two or three years We plan to go public.” he replied.

Brian, Binance.US with strong capital and conducive to continuous growth He stressed that it has a structure. company in the coming months. strategic partnerships plans to establish and investors additional capital He said he was waiting.

past April per month 4.5 billion dollarswith a valuation 260 million dollar fund raising Binance.US, in June spot for certain pairs Bitcoin (BTC) in buying and selling transactions zero commission announced that it will present

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