Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.
AI summary
Binance.US is reportedly seeking a $1 billion valuation in a potential $100 million funding round, according to Cointelegraph. The exchange aims to use the capital to regain market share after Binance's 2023 settlement with US authorities. While the move signals a possible recovery effort, it remains a report and does not directly impact major crypto prices.
