Binance US to Close Pre-IPO Funding in 1-2 Months

• An earlier effort to raise funding was thwarted by investor concerns over its independence from Binance US’s parent company, the New York Times that will come out” and the funding round itself will “close in about a month or two.” The exchange is raising “a couple hundred million” in the round, CZ said, although he said he was not clear on the exact number.
• An earlier effort to raise funding was thwarted by investor concerns over its independence from Binance U.S.’s parent company, the New York Times reported.

Read more