Binance.US wants 100 million dollars at a 1 billion valuation, less than a quarter of what it was worth in 2022
Binance.US is seeking up to 100 million dollars at about a 1 billion dollar valuation, far below its 4.5 billion dollar valuation in 2022. It may tap the global Binance exchange for liquidity, a choice that would be watched closely.
Positioning7 min read