I just came across a post saying Binance.US is looking to raise $100 million, and my first reaction was to do a double take.
Wasn’t it supposed to be the biggest exchange in the universe? Daily active users, trading volume, number of coins—doesn’t it dominate in every category? So why does its U.S. arm need to go out and raise money?
Then I thought about it some more and it started to make sense. The main platform doesn’t let Americans use it, and the wall of compliance is firmly in place. That means Binance has been a “shadow player” in the North American market all along—out of reach for both users and investors. Now it’s suddenly announcing a $100 million raise. Do you really think it needs the money? I don’t buy it.
I’m more inclined to see this as a statement of intent: bring U.S. institutions, investors, and the well-connected people around lawmakers into Binance.US’s shareholder roster, one by one. The money is secondary; what really matters is getting connected and creating a community of shared interests. Once these people have real money on the line, the next time the SEC wants to take a swing, it’ll have to think twice about who’s on that list.
Put simply, they’re not raising capital—they’re buying a ticket in.
What do you think? Are they really short on cash, or are they playing a much bigger game? Let’s talk in the comments.
$BNB #Binance #币安 #加密货币 #Compliance
Wasn’t it supposed to be the biggest exchange in the universe? Daily active users, trading volume, number of coins—doesn’t it dominate in every category? So why does its U.S. arm need to go out and raise money?
Then I thought about it some more and it started to make sense. The main platform doesn’t let Americans use it, and the wall of compliance is firmly in place. That means Binance has been a “shadow player” in the North American market all along—out of reach for both users and investors. Now it’s suddenly announcing a $100 million raise. Do you really think it needs the money? I don’t buy it.
I’m more inclined to see this as a statement of intent: bring U.S. institutions, investors, and the well-connected people around lawmakers into Binance.US’s shareholder roster, one by one. The money is secondary; what really matters is getting connected and creating a community of shared interests. Once these people have real money on the line, the next time the SEC wants to take a swing, it’ll have to think twice about who’s on that list.
Put simply, they’re not raising capital—they’re buying a ticket in.
What do you think? Are they really short on cash, or are they playing a much bigger game? Let’s talk in the comments.
$BNB #Binance #币安 #加密货币 #Compliance