Binance US is seeking up to $100m in funding at a target valuation of about $1bn, roughly 78% below its $4.5bn pre-round valuation in 2022. The platform plans to expand to all 50 US states and apply for a derivatives licence, after restoring dollar deposits and withdrawals via ACH in February 2025.
Binance US seeks $100m at about $1bn valuation, down 78% from 2022
NewsFeeds update
The story so far: Binance.US $100m funding round
Binance.US is seeking to raise $100m to expand its crypto business. The round targets a valuation of about $1bn, roughly 78% below its 2022 pre-round valuation of $4.5bn, with plans to expand to all 50 US states and apply for a derivatives licence.
Binance.US seeks $100m funding to expand crypto business
Binance.US is seeking to raise $100m to expand its crypto business, according to Aggr News.
Binance US seeks $100m at about $1bn valuation, down 78% from 2022
Binance US is seeking up to $100m in funding at a target valuation of about $1bn, roughly 78% below its $4.5bn pre-round valuation in 2022. The platform plans to expand to all 50 US states and apply for a derivatives licence, after restoring dollar deposits and withdrawals via ACH in February 2025.
More Regulation updates
Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.
Breaking news and our own Originals on your phone or desktop, the moment they are out. A few alerts a day at most.