Binance.US is a technology company.
Binance.US has raised $200.0M across 1 funding round.
Binance.US has raised $200.0M in total across 1 funding round.
Binance.US has raised $200.0M in total across 1 funding round.
Binance.US's investors include Gold House Ventures, 9Yards Capital, AAF Management Ltd., Akash Gupta, Alex Pattis, American Express Ventures, Amplify.LA, Better Tomorrow Ventures, Charlie Songhurst, Christopher Priebe, Episode 1 Ventures, Eric Quan.
Binance.US is a U.S.-focused cryptocurrency exchange platform operated by BAM Trading Services, providing secure spot trading, staking, and digital asset services for American retail and institutional users.[1][2][3] Launched in 2019 as a compliant alternative to the global Binance exchange, it supports over 150 cryptocurrencies with low fees—including 0% on Bitcoin trading—and emphasizes regulatory adherence, U.S.-based custody, and customer-centric features like recurring purchases.[1][2][3] Its mission is to deliver financial confidence, crypto literacy, and reliable access to digital markets, processing hundreds of billions in transactions while serving millions of users.[1][3]
The platform solves key barriers for U.S. customers by offering a streamlined, low-cost interface amid strict regulations, transitioning from fiat support to crypto-only (e.g., USDT pairs) and expanding staking rewards on proof-of-stake networks.[2][4] Growth has been robust, marked by a $200 million seed round in 2022 valuing it at $4.5 billion from investors like Circle and VanEck, alongside product expansions despite state-specific restrictions in places like New York and Texas.[4]
Binance.US launched in September 2019, founded by BAM Trading Services in response to U.S. regulators blocking the global Binance exchange—established in 2017 by Changpeng Zhao (CZ)—from directly serving American users.[2][4][6] Headquartered in Florida (with some sources noting San Francisco or Miami), it licensed Binance's matching engine and wallet tech to create a distinct, FinCEN-regulated entity tailored for U.S. compliance.[2][3][4]
The idea emerged from surging U.S. demand for crypto trading amid regulatory crackdowns; initial rollout supported seven assets like BTC, ETH, and BNB, quickly gaining traction with low-fee models and security focus.[1][4] Pivotal moments include pioneering 0% Bitcoin fees, heavy compliance investments, and the 2022 funding round, which fueled mobile app launches and staking amid market volatility.[1][4]
Binance.US rides the crypto mainstreaming trend in the U.S., capitalizing on post-2022 regulatory clarity (e.g., FinCEN oversight) and institutional adoption amid Bitcoin ETFs and blockchain infrastructure growth.[1][2][4] Timing aligns with maturing markets where compliance trumps offshore risks, enabling it to capture share from less-regulated rivals while navigating SEC pressures that halted some listings.[2][4]
Market forces like rising crypto literacy demands and on-chain earning (staking) favor its model, influencing the ecosystem by setting compliance benchmarks—encouraging U.S.-native innovation and bridging TradFi with DeFi for millions.[1][3] As "America’s home for digital asset trading," it bolsters liquidity and trust, indirectly supporting global Binance while fostering domestic startups via accessible trading tools.[2]
Binance.US is poised for expansion through new listings, enhanced staking, and potential fiat re-entry if regulations evolve, leveraging its $4.5B valuation and tech stack amid 2026's expected bull cycle.[1][4] Trends like tokenized assets, AI-driven trading, and clearer SEC guidelines will shape its path, potentially amplifying influence via institutional products. Its compliance-first edge positions it to dominate U.S. crypto access, evolving from spot trader to full ecosystem hub—proving that customer-centric regulation wins in fragmented markets.[1][2]
Binance.US has raised $200.0M across 1 funding round. Most recently, it raised $200.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $200.0M Seed | Gold House Ventures, 9Yards Capital, AAF Management Ltd., Akash Gupta, Alex Pattis, American Express Ventures, Amplify.LA, Better Tomorrow Ventures, Charlie Songhurst, Christopher Priebe, Episode 1 Ventures, Eric Quan, Foundation Capital, Gaingels, Ian Hogarth, Justin Mateen, Kevin Lin, Kinnevik, Playfair Capital, Srin Madipalli, Sunset Ventures, Sweet Capital, TenOneTen Ventures, Tiger Global Management, Valia Ventures, Village Global |