Based on the information provided by the exchange, the SEC accountant said BinanceUS has generated $410 million in revenue since its founding.
The SEC accountant made the financial accounts of Binance.US public in detail. According to the information announced, Binance.US has generated a revenue of $ 410 million and a gross profit of $ 225 million since its establishment. The exchange’s financial statements were detailed in a filing by an SEC accountant based on information the exchange provided to the regulatory agency.
Stock Exchange Made The Biggest Profit in 2021
The accounts are for the period from 2019 to April 2023 and point to BAM Trading Services, the organization behind the exchange.
These accounts, shared by the accountant, show that the exchange generated most of its revenue and gross profit in 2021, generating $265 million in revenue that year. This figure is followed by 2022, when the company generated $95 million in revenue.
Alongside these, the SEC requested a temporary restriction to freeze the assets of Binance.US during the lawsuits filed yesterday. Making a statement after this request, Binance CEO Changpeng Zhao said that this situation only affects Binance.US and has nothing to do with Binance.
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