$BTC
Bitcoin US Funding Drive
Capital Target: Binance.US is exploring a private funding round to raise up to $100 million.
Valuation Impact: The round targets a valuation of approximately $1 billion. This marks a significant recalibration from its $4.5 billion valuation during its $200 million seed round in 2022.
Strategic Goals: Funds are slated to support its U.S. operations by sourcing external trading liquidity (potentially tapping global Binance liquidity sources), expanding into prediction markets, and restoring money-transmitter state licenses lost during past regulatory hurdles.
#AustraliaProposesCryptoTransactionReportingLaw #bitcoin #BinanceSquareFamily
Bitcoin US Funding Drive
Capital Target: Binance.US is exploring a private funding round to raise up to $100 million.
Valuation Impact: The round targets a valuation of approximately $1 billion. This marks a significant recalibration from its $4.5 billion valuation during its $200 million seed round in 2022.
Strategic Goals: Funds are slated to support its U.S. operations by sourcing external trading liquidity (potentially tapping global Binance liquidity sources), expanding into prediction markets, and restoring money-transmitter state licenses lost during past regulatory hurdles.
#AustraliaProposesCryptoTransactionReportingLaw #bitcoin #BinanceSquareFamily