Binance US will close its pre-IPO funding in 1-2 months, says Changpeng Zhao.

Binance US will close its pre-IPO funding round in the next 1-2 months. Founder and CEO of the parent company of the Changpeng exchange “CZ” Zhao told Bloomberg New Economy Forum in Singapore on 19 November.

In an interview at Bloomberg New Economy Forum CZ claimthat he does not know the exact number, however, official confirmation of this may come in “About a month or two.”

CZ is confident that Binance.US will be able to attract the capital it needs and open its shares to the public. He said earlier this year that “top-level” investors were still interested, and that Binance.US plans to go public soon, especially after rival Coinbase launches. already on the Nasdaq market

“Actually, in 5 or 10 years we might see crypto exchanges integrate with the stock market,” CZ said.

CZ also said the link between Binance And Binance US alone is that he sits on the board of Binance US, claiming that he is not involved in the day-to-day operations of the US exchange and that the American exchange Slack is not installed on his phone. which the company uses for internal communication

CZ said he would call the CEO of Binance US once a week and Binance.com is the only supplier of products and technology to Binance US, he said.

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