Binance.US Seeks $100 Million Funding Round At $1 Billion Valuation

TL;DR: Binance.US is reportedly seeking up to $100 million from private investors at a proposed valuation of approximately $1 billion. The financing discussions come as the American exchange attempts to rebuild after several difficult years. Binance.US is reportedly pursuing a $100 million fundraising round as it seeks to strengthen its presence in the American cryptocurrency market. Bloomberg reported on October 15 that the exchange was discussing an investment at a valuation of approximately $