Binance.US is reportedly seeking up to $100 million from private investors at a proposed valuation of approximately $1 billion. This represents a sharp decline from the $4.5 billion valuation achieved during its 2022 funding round. The American platform is attempting to rebuild after years of regulatory and operational difficulties, including SEC proceedings that strained relationships with banking partners. Fresh funding could support compliance efforts, technology development and new product offerings. For now, the fundraising discussions demonstrate renewed ambition rather than a completed recovery.
Source: Read the original article


