Binance, According to CoinMarketCap data world’s largest cryptocurrency exchange. The company, which was founded only four years ago, has made great progress in a short time. Some former executives of Binance, on the other hand, made an important claim about the cryptocurrency exchange. According to this Binance a large company if it goes public value will appear with.
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If Binance cryptocurrency exchange goes public, how much will it be worth?
Although this is a difficult subject to estimate, former executives who know the financial structure of the company, Wall Street JournalHe gave important information to . According to this Binance cryptocurrency exchange if offered to the public 300 billion dollars will have a value like This value means it will be larger than US brands like Nike and Disney.
Former executives of the company did not give their names to the famous newspaper. However, there are some secrets in the company’s growth in such a short time. Binance offers its members certain conditions to reduce transaction fees. If you are a BNB or BUSD trader, Binance charges a much more minimal transaction fee. This important advantage increases the interest of users especially in BNB.
Binance has been operating since 2017. In this four-year period, the real rise of the stock market actually started with the pandemic. Especially Bitcoin’s breaking historical records is among the important factors in the rise of the stock market. CEO Changpeng Zhao, or as it is known on twitter CZ, the company’s largest shareholder. If for now Binance US‘s opening to the stock market is considered to be certain. number two in the world cryptocurrency exchange Coinbase in April NasdaqIt was offered to the public in . If the company is currently worth 70 billion dollars.
Coinbase’s CoinMarketCap According to the data, the trading volume is currently 9 billion dollars around. If Binance 45 billion dollars with its closest competitor fivefold in this sense.
Cryptocurrency exchange, especially his blockchain It leaves many exchanges with its network. Binance Smart Chain well BSC This network named has already turned into a large cryptocurrency network. Binance made a massive $1 billion investment in its blockchain network in October. Before this investment, Binance opened its own NFT market in June. With new BSC-based projects that started with the Lazio Fan token and will continue with the Porto Fan token recently, Binance is looking to increase its transaction volume even more.