Binance US has continued to thrive despite regulatory issues, with the CEO saying that it brought in more in the fourth quarter than Uber has since it launched.
He also revealed that it would be announcing its latest fundraising round in the coming month and that it would hold an IPO in the next couple of years.
Binance US has grabbed the headlines for many wrong reasons, from US regulators investigating its relationship with the global conglomerate to its leaders either stepping down or disappearing. However, as its current CEO revealed, the exchange has been making money, a whole lot of it. In just Q4 last year, it made more than Uber has in its entire existence, the CEO said.
Brian Schroder, the Binance US CEO, was speaking during the Binance Blockchain Week this week. He revealed that the exchange had successfully raised “a couple of hundred million dollars” from investors in its latest round, which it will be announcing in April.
Changpeng Zhao, the CEO, and founder of Bina
