Binance.US Seeks $1 Billion Valuation in Reported $100 Million Funding Round
Binance.US seeks $100 million in new capital
Binance.US is reportedly looking to raise up to $100 million through a new funding round. This investment would value the cryptocurrency exchange at $1 billion. A cryptocurrency exchange is a digital marketplace where users can buy, sell, and trade various digital assets.
The company is seeking this private investment as it looks to grow its operations. The reported $1 billion valuation is lower than the $4.5 billion valuation the exchange reached in 2022, when it successfully raised $200 million in seed funding.
Key details of the reported funding round
- The exchange is targeting a $100 million investment round.
- The current targeted valuation is $1 billion, down from a previous $4.5 billion valuation.
- The funding is intended to help the company regain its position in the market.
- World Liberty Financial was reportedly informed of the round but is not expected to participate.
Details reported by industry sources
According to a report from Bloomberg, the funding effort is part of a strategy to compete with larger rivals. Binance.US has been working to rebuild its business following a major settlement between its affiliate, Binance Holdings Ltd., and United States authorities in 2023.
The report also mentions that World Liberty Financial, a platform co-founded by Donald Trump and his sons, was made aware of the funding round. The exchange previously had a connection to World Liberty involving a $2 billion investment and a stablecoin, which is a type of cryptocurrency designed to maintain a steady price.
Confirmed facts regarding past legal actions
It is confirmed that Binance Holdings Ltd. agreed to a settlement with U.S. authorities in 2023, which included paying $4.3 billion in penalties. As part of this agreement, the company is subject to additional monitoring and oversight.
Former CEO Changpeng Zhao pleaded guilty to a felony charge and served four months in prison. He was later granted a pardon by Donald Trump in 2025.
Why this funding matters for the exchange
Securing new funding is seen as a way for Binance.US to regain market share that was lost during its period of legal uncertainty. The exchange is attempting to strengthen its financial position and expand its services to better compete with other major platforms in the industry.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.