Binance.US seeks $1B valuation in potential $100M funding round: Report
Summary
Binance.US is reportedly seeking up to $100 million in private funding at a potential $1 billion valuation, down from its $4.5 billion pre-money valuation in 2022. The exchange reportedly approached World Liberty Financial, which will not invest. The fundraising is part of efforts to rebuild market share after Binance’s 2023 US settlement, which included $4.3 billion in penalties and increased oversight; former CEO Changpeng Zhao pleaded guilty and served four months in prison before receiving a pardon in 2025.
