Binance.US Plans to Raise $100 Million
Recently, the world's largest crypto exchange, Binance.US, announced plans to attract $100 million in investments, which raised doubts among investors.
In light of the recent developments around Binance, related to the inconsistency of regulatory requirements, regulators in various countries. Potential investors rightly have distrust of the company's plans, which may again entail reprisals from the supervisory authorities.
Earlier, an attempt to collect this amount was unsuccessful. As reported by various news outlets, Binance.US was already in the early stages of an IPO. The management of the exchange actively flirted with SoftBank and GreatPoint Ventures. But in fact, these companies refused to act as investors in the crypto exchange.
Perhaps this was one of the reasons for the resignation of the already former CEO of Binance.US Brian Brooks, who had only been in this post for three months.
One can guess a lot for what reason, at one time, the exchange failed to attract venture capitalists. But one thing is clear, Binance is not backtracking on its original plans, despite investor wariness due to regulatory concerns.
At the beginning of its journey, Binance.US, in every possible way made it clear that it was created as a company independent of Binance, 90% of which is owned by Changpeng Zhao "CZ". This also raises close attention of regulators and doubts on the part of potential investors.
But let's not lose optimism that such an experienced crypto market participant as Binance will emerge victorious from this situation. In the winning team, every champion!
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