Bloomberg:

Sources: Binance.US seeks to raise up to $100M, targeting a ~$1B valuation in the private round, as it aims to expand its US business; WLF is not participating  —  Binance.US is looking to raise as much as $100 million as the crypto exchange seeks to beef up its US business amid intensifying competition for digital-asset customers.

Bloomberg:

Sources: Binance.US seeks to raise up to $100M, targeting a ~$1B valuation in the private round, as it aims to expand its US business; WLF is not participating  —  Binance.US is looking to raise as much as $100 million as the crypto exchange seeks to beef up its US business amid intensifying competition for digital-asset customers.

Source: TechMeme
Source Link: https://www.techmeme.com/261015/p36#a261015p36