According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n
Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In Q4 of 2021, Binance U.S. saw higher profits compared to the entirety of Uber since its inception in 2009, said Shroder.<\/p>\n\n\n\n According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Binance U.S. CEO Brian Shroder believes Binance U.S. is on track for an initial public offering (IPO) within the next 2 to 3 years. To add, funding of around a \"couple hundred million dollars\" is to be announced in April, according to reports from Binance founder Changpeng Zhao (CZ) in November last year.<\/p>\n\n\n\n In Q4 of 2021, Binance U.S. saw higher profits compared to the entirety of Uber since its inception in 2009, said Shroder.<\/p>\n\n\n\n According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};