Binance CEO Changpeng Zhao, also known as “CZ,” revealed that the United States branch of worldwide crypto exchange Binance.US is expected to complete a funding round to raise a “couple hundred million.”
Speaking at the Bloomberg New Economy Forum, CZ claimed that he was unaware of the precise amount. However, the official confirmation of the financing round may come in “about a month or two.”
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Read More: Binance.US aims for ‘mega funding,’ reveals CZ By Cointelegraph