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Binance founder Changpeng Zhao said that Binance.US was planning to launch an IPO within three years. The U.S. arm is also expected to close a large fundraising round soon.

Binance founder and CEO, Changpeng Zhao, has revealed that the U.S. arm of the exchange plans to launch an IPO within three years. Zhao was speaking in a Zoom interview. The Information was the first to report the news.

Binance eyes IPO prospects

Zhao also said that Binance.US is close to completing a large private fundraising round. This is expected in the next two months and should diminish Zhao’s influence on the board of Binance.US. This fundraising news was reported last week, with the founder saying that the company was working to legitimize itself more.

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