The exchange is working to recover market share lost after a 2023 settlement with US authorities and is seeking to reinstate several state money transmitter licenses. To support trading, Binance US is considering tapping into the liquidity of the global Binance exchange, although no final decision has been made. World Liberty Financial, a venture linked to the Trump family, was notified of the fundraising round but will not participate.
Tuesday, October 20, 2026
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Binance US Seeks $100M at $1B Valuation Down From $4.5B in 2022
Crypto5 days ago
New growth initiatives, including an expansion into prediction markets, are driving a fresh fundraising push by the American unit of the world's largest crypto exchange. The firm is seeking to raise up to $100 million at a target valuation of about $1 billion, Bloomberg reported, citing sources familiar with the matter. This target represents a drop from the $4.5 billion pre-money valuation and more than $200 million raised in 2022.
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