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Binance Is ‘In Talks with Sovereign Wealth Funds', Boosts Irish Presence
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After taking a regulatory battering earlier this year, Binance is back – or at least the world’s busiest crypto exchange will hope so. The platform has been bolstered by news that it is talking to sovereign wealth funds who are interested in “taking a stake” in the platform, that it's establishing a new base in Ireland and raising a “couple of hundred million” dollars in a forthcoming funding round in the US.
Speaking to the Financial Times, the Binance mastermind and CEO Chengpeng “CZ” Zhao
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