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Binance US mulling IPO, may need 'structural changes' to meet regulatory norms


Binance US mulling IPO, may need structural changes to meet regulatory norms
Moneycontrol
12 hours ago
© Akanksha Sarma
Binance US mulling IPO, may need structural changes to meet regulatory norms
Cryptocurrency Exchange Binance is mulling an initial public offering (IPO) in the US. Binance CEO Changpeng Zhao (CZ) reportedly revealed the possibility of a future IPO while speaking at the Redefine Tomorrow event organised by SCB 10X the venture arm of Thailand s oldest Siam Commercial Bank.
However, he said the IPO plan “is not 100% fixed yet.”
Zhao said IPO plans aren’t immediate as the company will need to go through structural changes to comply with regulations including headquarters, an office, or a legal entity, The Block reported citing Zhao. ....

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