Binance.US CEO expects funding round soon

Binance.US is expecting a round of funding shortly, Binance Chief Executive Officer Changpeng Zhao said in a statement to Bloomberg.

'There is significant interest from top-level investors, and they expect they will close a round soon, Zhao said.

Binance.US, the exchange serving U.S. investors, 'will have a separate cap table with reputable investors and an independent board with proper governance, including the addition of new outside investors and independent members," Zhao said.

The funding round would come soon after CEO of Binance.US, Brian Brooks, left from the company and recently hired him atop the board. The New York Times reported earlier that Brooks was looking at investing up to $100 million from investors.

Binance is worldwide being investigated by a number of regulatory agencies. Despite this, Zhao says he expects to go ahead with Binance.US public. Rival Coinbase Global Inc. went public earlier this year and a number of other crypto exchanges are mulling a similar move, as the number of people interested in blockchain continues to grow.

'Binance.US also aims to IPO in the not too distant future, Zhao told. While Binance.US says it's independent of Binance, the world’s biggest crypto exchange, a detailed ownership structure is unclear