Binance US raised $200 million with a preliminary valuation of $4.5 billion.
Binance US, the US arm of the world’s largest trading platform Binance, received a $200 million investment with a preliminary valuation of $4.5 billion. The tour was accompanied by names such as RRE Ventures, Foundation Capital, Original Capital, VanEck and Circle Ventures.
In the press release, it was stated that the fund will be used to develop the spot trading platform, develop a new product suite and finance marketing and education initiatives. As of 2019, the platform has more than 85 crypto assets and 190 trading pairs.
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