Binance.US Could Go Public in Three Years, Changpeng ‘CZ’ Zhao Says: Report | Crypto Craft

  • Binance.US Could Go Public in Three Years, Changpeng ‘CZ’ Zhao Says: Report

    From coindesk.com

    Changpeng ‘CZ’ Zhao, CEO of one of the world’s largest exchanges, Binance, says its U.S. affiliate is eyeing an initial public offering within three years. According to a report by The Information on Wednesday, Zhao said “Binance.US is just going to do what Coinbase did” by following in the footsteps of Brian Armstrong’s exchange. The move to go public would be a boon for the embattled Binance brand, with several countries having announced investigations into or published warnings against Binance. A spokesperson for Binance confirmed with CoinDesk that Zhao had revealed a projected timeline during an ... (full story)

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TwoSense
Sep 2, 2021 8:37am
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Zhao said “Binance.US is just going to do what Coinbase did” by following in the footsteps of Brian Armstrong’s exchange.

Yup. That's the only path to listing. Binance was the first exchange I used back in the day and they were the best at the time in terms of freedom to trade what you want and transfer in and out. But I'd expect them to turn into another Coinbase with a different platform. I'm all for it. Coinbase needs competition. Maybe it'll improve the level of support they provide after they block or suspend your account for no reason.
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