Binance.US Seeks Up to $100 Million at $1 Billion Valuation…
By Karthik Subramanian
AI summary of the source article
Binance.US is seeking to raise up to $100 million at an estimated $1 billion valuation to rebuild its American operations. The proposed valuation marks a sharp decline from its $4.5 billion valuation achieved in April 2022.
Why it matters
If completed, the fundraising would provide additional resources to expand operations, improve liquidity and compete for customers against larger US exchanges.
Key facts
- Binance.US is in talks to raise up to $100 million at an approximate $1 billion valuation.
- The proposed valuation is nearly 78% lower than its $4.5 billion pre-money valuation from April 2022.
- The exchange's plans include considering expansion into prediction markets and restoring state money transmitter licenses.
Source excerpt · FinanceFeeds
Binance.US is seeking to raise as much as $100 million in a private funding round at a valuation of approximately $1 billion, as the cryptocurrency exchange attempts to rebuild its American operations following years of regulatory challenges and declining market share. The fundraising plans were reported by Bloomberg on October 15, 2026, citing people familiar with confidential discussions. The pr…