TechFlow News — Cryptocurrency exchange Binance.US announced it has raised over $200 million in a seed funding round, with participation from RRE Ventures, Foundation Capital, Original Capital, VanEck, and Circle Ventures. The company was valued at $4.5 billion pre-money. The funds will be used to enhance its spot trading platform, develop a suite of new products, and support marketing and educational initiatives.
Launched in 2019, Binance.US offers more than 85 tokens and 190 trading pairs to retail and institutional traders, and is currently available in 45 U.S. states and 8 territories. A company spokesperson said it plans to go public within the next two to three years.
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