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New Deal


Announced

Completed

A consortium of investors led a $200m funding round in Binance.US.

Financials

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Transaction Value£152m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Completed

Private Equity

Domestic

Friendly

Private

digital asset exchange

United States

Minority

Single Bidder

Acquisition

Payments / Commerce

Synopsis

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A consortium of investors including RRE Ventures, Foundation Capital, Original Capital, VanEck, Circle Ventures, Gaingels and Gold House, led a $200m funding round in Binance.US, a provider of a digital asset exchange and marketplace. The company intends to use the funds to enhance its spot trading platform, develop a suite of new products and services to be introduced in the near-term, and invest in marketing and consumer education initiatives.

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