Binance US Goes IPO

Şükriye Akdeniz

Sep 2, 2021

Binance CEO Changpeng Zhao reveals that Binance.US has an IPO plan

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Changpeng Zhao announced in a Zoom interview that Binance US. is planning to go public in three years. As is known, Binance.US is a separate entity from Binance.
The CEO also added that Binance.US is close to completing a major private fundraising round. Fundraising is expected to take place in the next two months. This will reduce Zhao's influence on the Binance.US board. The fundraising news was announced last week, and the founder revealed that the company continues to work to further legalize it.
It was also reported that Zhao said that Binance.US “will only do what Coinbase is doing.” Judging by the situation, several other crypto companies are planning to do the same.
Coinbase's IPO has been one of the biggest cryptocurrency-related events so far this year. The stock market certainly received a lot of attention both inside and outside the market, making other companies think the same. Therefore, many crypto public offering announcements may come to the market soon.

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