Binance.US Eyes $1 Billion Valuation in Funding Round Amid Regulatory Rebuilding

Expansion Efforts and Regulatory Rebuilding

Binance.US is reportedly seeking a $100 million funding round that could value the cryptocurrency exchange at $1 billion. The potential funding round comes as the company seeks to expand its services and improve its infrastructure.

Market Share Regain

The proposed funding round is part of Binance.US' efforts to regain market share against larger rivals following a 2023 settlement between Binance Holdings Ltd. and US authorities. As part of the agreement, Binance Holdings agreed to pay $4.3 billion in penalties and accept additional monitoring and oversight, while its then-CEO, Changpeng Zhao, pleaded guilty to a felony charge. Zhao served four months in prison before receiving a pardon from Trump in 2025.

Funding Round Details

Binance.US reportedly informed World Liberty Financial, the crypto platform co-founded by US President Donald Trump and his sons, about the funding round, but the company will not be participating. The potential $1 billion valuation would be well below the $4.5 billion pre-money valuation it secured in 2022, when it raised $200 million in seed funding.

Regulatory Landscape

The proposed funding round is part of Binance.US' efforts to address regulatory concerns and restore USD services. The company has been working to refocus its strategy on its US operations, with new CEO Stephen Gregory tasked with leading the effort.

Market Outlook

The funding round is expected to support expansion efforts and establish Binance.US as a major player in the US crypto market. The move comes as the US crypto space continues to grow in popularity, with Binance.US poised to play a significant role in the industry landscape.