Binance.US has raised $200 million
The valuation of the US arm of the exchange rose to $4,5 billion at the end of the round
07.04.2022 - 10:25
243
2 min
0
What’s new? Binance.US has reported a seed round in which the arm of the largest cryptocurrency exchange by trading volume raised $200 million from large funds and investors.
What else is known about the funding? In the seed round, Binance.US was backed by RRE Ventures, Foundation Capital, Original Capital, VanEck, Circle Ventures, Gaingels, and Gold House. The proceeds will be used to expand the list of services, marketing, educational programs, and the development of the exchange’s trading platform.
What had happened before? Binance has made two major investments. The first is for the developer of the Axie Infinity project and the second is for the STEPN application.
The founder of the Binance exchange Changpeng Zhao was named the richest person in the crypto industry by Forbes magazine. His fortune was estimated at $65 billion. The ranking includes 19 billionaires who got rich working in the field of blockchain and digital assets.
Useful material?
Incidents
This is the second hack of the project in the last two months
Sep 16, 2024
Incidents
The exchange’s security service began blacklisting suspicious addresses and collecting information from victims
Sep 16, 2024
Incidents
Scammers took advantage of the former US president’s recent announcement of a real DeFi protocol
Sep 4, 2024
Technologies
The upgrade is aimed at implementing a new decentralized project governance system
Sep 2, 2024
Incidents
The company placed $2б4 billion in bonds maturing in 2026, but their value has fallen dramatically since the entrepreneur’s arrest
Aug 30, 2024
Incidents
In both cases, depending on the outcome of the investigations, the messenger could be blocked
Aug 29, 2024