When Binance IPO? CZ explains how his firm’s ‘path’ forward is different from that of rival Coinbase
Quick Take
- The world’s largest crypto exchange Binance doesn’t have IPO plans like rival Coinbase, CEO Changpeng “CZ” Zhao told The Block.
- Binance wants to take a more crypto-native “path” forward, said Zhao, i.e., expanding the utility of its “utility token” BNB.
- Zhao said he’s spending most of his time growing the BNB ecosystem.
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Author: Yogita Khatri