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Binance.US aims for a ‘mega funding,’ reveals CZ
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Binance CEO Changpeng Zhao revealed that the United States branch of worldwide crypto exchange, Binance.US, is expected to complete a funding round to raise a "couple hundred million."
Speaking at the Bloomberg New Economy Forum, CZ claimed that he was unaware of the precise amount. However, the official confirmation of the financing round may come in "about a month or two."
As reported by Cointelegraph, regulatory worries surrounding Binance.US ultimately resulted in investors backing out of a
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