CROWDFUNDINSIDER · 2026-10-17 20:18 UTC

Binance.US Eyes $1B Valuation in New Funding Round to Compete with Coinbase and Kraken in US Markets

Binance.US is seeking $100 million in funding at a $1 billion valuation to compete with Coinbase and Kraken in U.S. markets. The valuation represents a sharp decline from the company's $4.5 billion pre-money valuation in April 2022, reflecting losses after Binance Holdings' 2023 settlement with U.S. authorities. Under CEO Stephen Gregory, the platform is focusing on compliance, restoring state money-transmitter licenses, and expanding products including potential CFTC-licensed derivatives.

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