Stock Market News

Binance’s U.S. unit valued at $4.5 billion in seed funding round

04/06/2022

Less than a minute

2022.04.06 16:27

Binance's U.S. unit valued at $4.5 billion in seed funding round
FILE PHOTO: A representation of the cryptocurrency is seen in front of Binance logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic

(Reuters) – Crypto exchange Binance’s U.S. unit said on Wednesday it had raised over $200 million in a seed funding round, at a pre-money valuation of $4.5 billion.

The company said RRE Ventures, Foundation Capital, Original Capital, VanEck, and Circle Ventures were among the investors in the funding round.

Binance said it will use the funds to invest in its spot trading platform and toward the development of new products and services.

04/06/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 97,914.23 0.86%

Ethereum (ETH) $ 3,416.31 2.03%

Tether (USDT) $ 1.00 0.01%

Solana (SOL) $ 256.78 0.16%

BNB (BNB) $ 656.39 3.16%

XRP (XRP) $ 1.45 9.05%

Dogecoin (DOGE) $ 0.435984 6.57%

USDC (USDC) $ 0.999901 0.01%

Cardano (ADA) $ 1.06 4.15%

Lido Staked Ether (STETH) $ 3,414.05 2.11%

TRON (TRX) $ 0.213953 3.85%

Avalanche (AVAX) $ 42.43 1.05%

the-open-network

Toncoin (TON) $ 6.43 17.08%

Shiba Inu (SHIB) $ 0.000026 4.11%

Stellar (XLM) $ 0.496362 26.45%

Wrapped stETH (WSTETH) $ 4,039.91 1.96%

Polkadot (DOT) $ 9.98 45.82%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 97,571.14 0.80%

Chainlink (LINK) $ 18.15 9.05%

Bitcoin Cash (BCH) $ 512.64 3.57%

WETH (WETH) $ 3,414.71 2.25%

Sui (SUI) $ 3.46 2.07%

Pepe (PEPE) $ 0.000021 0.21%

LEO Token (LEO) $ 8.61 0.84%

NEAR Protocol (NEAR) $ 6.44 5.67%

Litecoin (LTC) $ 100.24 7.15%

Aptos (APT) $ 12.98 4.76%

Uniswap (UNI) $ 10.90 10.22%

Wrapped eETH (WEETH) $ 3,598.08 2.54%

hedera-hashgraph

Hedera (HBAR) $ 0.153111 0.32%

internet-computer

Internet Computer (ICP) $ 11.71 2.04%

crypto-com-chain

Cronos (CRO) $ 0.201566 8.03%

USDS (USDS) $ 0.997169 0.90%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.590919 14.77%

Ethereum Classic (ETC) $ 29.91 2.75%

Render (RENDER) $ 7.85 3.34%

Bittensor (TAO) $ 533.53 3.36%

Kaspa (KAS) $ 0.15585 1.85%

Artificial Superintelligence Alliance (FET) $ 1.46 12.47%

Ethena USDe (USDE) $ 1.00 0.07%

Arbitrum (ARB) $ 0.884229 7.41%

Bonk (BONK) $ 0.000048 2.01%

WhiteBIT Coin (WBT) $ 24.75 0.41%

VeChain (VET) $ 0.043368 17.66%

Dai (DAI) $ 0.999406 0.03%

Cosmos Hub (ATOM) $ 8.77 14.20%

dogwifhat (WIF) $ 3.33 3.67%

Filecoin (FIL) $ 5.54 12.64%

MANTRA (OM) $ 3.68 4.97%

Stacks (STX) $ 2.09 3.56%