Binance’s new CEO Richard Teng sees no need for IPO -Coindesk

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Binance’s new CEO Richard Teng sees no need for IPO - Coindesk

“Our financial position is exceptionally strong, so there is no current need for us to consider raising funds through public offerings or launching an IPO,” Teng said. “Since the fifth month of Binance’s operations, the company has been profitable and very prudent in its spending. Therefore, the topic of an IPO has not been raised

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