Binance.US, the US leg of Binance, the world’s largest cryptocurrency exchange, received an investment of $200 million and reached a valuation of $4.5 billion.
Launched in 2019, Binance.US is The $200 million investment came from the first “external financing” explained.
Binance.US CEO Brian Shroder said in a statement on the subject:
Our company received an investment of 200 million dollars in its first foreign financing round. We reached a valuation of $4.5 million before creating a roadmap for an initial public offering (IPO). We are planning an IPO in two or three years.
said.
Among the companies investing in Binance.US; RRE Ventures, Foundation Capital, Original Capital, VanEck and Circle Ventures is located.
The company said in a statement, It has 72 cryptocurrencies. and said they could operate in 45 states across the country by the end of the year.
According to CoinMarketCap data, the latest $410 million in a 24-hour period Binance.US, one of the largest cryptocurrency exchanges in terms of trading volume in the US, lags far behind Coinbase’s trading volume in the US.