FILE PHOTO: Binance logo and stock graph are displayed in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - Binance's U.S. unit may raise a "couple hundred million" dollars in a funding round set to close in a month or two and the global cryptocurrency exchange has also decided on a new headquarters, its chief executive Changpeng Zhao said on Friday.
Speaking at the Bloomberg New Economy Forum in Singapore, Zhao said the firm's U.S. affiliate has the option to go for an initial public offering (IPO) using rival Coinbase as an example, and that he was not ruling out listing the parent company in future.
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