Binance.US seeks up to $100M at roughly $1B valuation
- —Target raise is up to $100M at about $1B valuation
- —Round is not closed; figures are fundraising targets
- —World Liberty Financial was informed but is not investing
- —Proceeds to fund US business expansion
Why it matters: A $1B valuation would signal how investors price Binance.US after the global exchange's US retreat.
Source: The Cryptonomist (IT)