Despite its recently rocky relationship with global regulators, leading cryptocurrency exchange Binance has revealed that its U.S.-based division, Binance US, is considering going public.
Binance US Considers IPO
Changpeng Zhao (CZ), founder and CEO of Binance, made this known at the ReDeFiNE Tomorrow 2021 blockchain virtual conference. Speaking on the future plans and the regulatory issues that his exchange has been facing, CZ hinted that Binance US is looking to go public via an initial public offering (IPO).
According to the CEO, the U.S. division, which operates separately from Binance, is setting up structures that will allow it to meet regulatory requirements for an IPO.
“Binance US is looking at the IPO route. Most regulators are familiar with a certain pattern or having headquarters, having a corporate structure. But we are setting up those structures to make it easier for an IPO to happen,” CZ said.
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Źródło: https://cryptopotato.com/cz-hints-binance-us-is-considering-going-public-via-ipo/