Skip to content

Bitcoin

Binance US Chases $100 Million at a Fraction of Past Valuation: Bloomberg

Josh1 min read

Binance App on a smartphoneBinance US is reportedly seeking up to $100 million in fresh capital at a valuation of roughly $1 billion, a striking reversal from its $4.5 billion pre-money valuation in 2022. Bloomberg reports that the exchange wants to rebuild its American business after years of regulatory trouble, shrinking market share, and banking disruptions, with expansion plans […]

Source: https://news.bitcoin.com/crypto-news/binance-us-chases-100-million-fraction-past-valuation/

Market Analyst

Josh

This author has not added a bio yet.

View all analysis