Binance.US funding round seeks up to $100M as US competition grows

A person familiar with the matter says Binance .US is pursuing a private funding round of up to USD 100 million to grow its American operations, aiming for a valuation of around USD 1 billion . The exchange intends to put the capital toward strengthening its position in the US crypto market, where competition for digital-asset customers has intensified. The figures represent fundraising targets rather than a completed financing. World Liberty Financial was informed about the Binance.US funding round, according to people familiar with the matter. A separate person familiar with the process said the venture is not participating , distinguishing its awareness of the fundraising from an investment commitment.

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