Binance.US reportedly seeks up to $100 million to rebuild US business
Image: Bitcoin.com NewsBinance.US is reportedly seeking up to $100 million in new capital to strengthen its US business, according to Bloomberg. A previous funding round raised over $200 million at a $4.5 billion pre-money valuation, with VanEck and Foundation Capital among the backers. Stephen Gregory took over as CEO in March 2026. No final size, valuation, or investor list has been confirmed.
Key points
- Binance.US is reportedly seeking up to $100 million in new capital, according to Bloomberg.
- The exchange aims to rebuild its US business.
- A previous funding round raised over $200 million at a $4.5 billion pre-money valuation.
- VanEck and Foundation Capital were among the backers of that round.
- Stephen Gregory took over as CEO in March 2026.
Why it matters
Binance.US is seeking capital to rebuild its US business after regulatory and banking troubles. The reported raise is intended to support fee cuts and efforts to regain US market share.
What's unclear
The target valuation is unclear, with one report citing roughly $1 billion and another saying no valuation has been confirmed.
Bloomberg's reporting has not been publicly confirmed by Binance.US, and no final size or investor list has been confirmed.
Sources · 2 publishers
Bitcoin.com News
Tier 2
Binance US Chases $100 Million at a Fraction of Past Valuation: Bloomberg
Coverage timeline
- First reported by Crypto Briefing
- Also reported by Bitcoin.com News
- CryptoVideos brief published
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