The U.S. affiliate of global cryptocurrency exchange Binance expects to raise a couple hundred million dollars in its funding round that may close within the next couple of months, Binance CEO Changpeng "CZ" Zhao said at Bloomberg's New Economy Forum. Crypto fundraising has been on a tear in recent months as Bitcoin and other crypto touched new highs rebounded from $30K in July 2021 to reach as high as $60.4K on Nov. 10. Exchange firm Gemini Trust, blockchain tech company ConsenSys, and Blockdaemon announced new funding rounds or investors in the past few days, Bloomberg reported. During the summer, Binance.US said it was seeking funding from "reputable investors," and was reportedly aiming to raise at least $100M. Separately, Binance, known for not having a global headquarters, has since decided on the location for a global headquarters, but wants to notify regulators before announcing it, Zhao told Bloomberg. In September, CZ
