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Title: Binance US targets IPO in next three years Post by: Nathrixxx on September 02, 2021, 10:15:00 PM Binance team along side with their CEO has taken it to the public disclosing it intention to launch a new IPO in the next 3 years, this are mind-blowing priority set, they maintain their standard and improve on getting better everyday, which is one of the reasons for it's outstanding results even among the best. Headline below
Quote CEO of Binance, Changpeng Zhao, disclosed that the U.S. arm of the exchange plans to launch an IPO within the next three years. While speaking in a zoom meeting, Zhao said that Binance.US was “just going to do what Coinbase did” by going public. He also stated that Binance.US is on the verge of completing a large private fundraising round. The fundraiser is expected to come to a close in the next two months and would reduce Zhao’s stake on the board of Binance.US. Binance has been faced with global scrutiny from regulators all over the world. Some countries like Brazil, South Korea, Hong Kong, and the UK have all laid strict rules concerning cryptocurrencies and various exchange platforms. However, Binance.US is a separate entity from Binance and is thereby protected from any issues that might arise from regulatory scrutiny. Binance has taken several steps in order to be more compliant with regulations in different jurisdictions. It hired a former treasury investigator as its Global AML chief; it has also introduced “intermediate verification.” on its platform. https://btcpeers.com/binance-us-targets-ipo-in-next-three-years/?utm_source=thecryptoapp Title: Re: Binance US targets IPO in next three years Post by: mexite on September 02, 2021, 11:45:19 PM I've always been optimistic that Binance would go the way of Coinbase by getting publicly listed and traded. This is a good move in the wake of attacks targeted at the exchange. It would further help in legitimizing cryptocurrency rather than the "bubble" perspective some traditional investors view it.
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