Binance

Binance enters Japan after acquiring Sakura Exchange BitCoin

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced Wednesday it has acquired 100 percent of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider. Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency (JFSA) regulated……

Binance to commit $1B for “Industry Recovery Initiative” for Web3

Binance, the world's largest cryptocurrency exchange, on Thursday announced the launch of a recovery initiative for the crypto industry, through which the exchange and other participants will evaluate investment opportunities in companies and projects that are facing significant short-term difficulties.

Binance secures virtual asset service provider registration in Spain

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, announced that its Spanish subsidiary, Moon Tech Spain, S.L., has been granted registration as a virtual asset services provider(VASP) by the Bank of Spain. This registration will allow Binance to offer crypto asset exchange and custody services in Spain in…

Vietnam’s Sky Mavis raises $150M funding led by Binance to restore funds on the Ronin Bridge

Sky Mavis, the Vietnamese gaming firm behind play-to-earn game Axie Infinity, said Thursday it has raised $150 million funding round led by Binance to restore funds on the Ronin Bridge.The round also saw the participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel. The fund will be used to reimburse user funds affected by the Ronin Validator…

Binance to be the official cryptocurrency exchange partner of the 64th Annual GRAMMY Awards

Binance, the global blockchain company behind the world's largest cryptocurrency exchange, announced Thursday it has signed a partnership agreement with the Recording Academy to become the first-ever official cryptocurrency exchange partner for the 64th Annual GRAMMY Awards and GRAMMY Week events, including the inaugural Recording Academy Honors…

Binance launches payments technology company Bifinity

Binance on Monday announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity's on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.

Binance & Cuscapi Bhd take strategic stakes in Malaysia FinTech firm MX Global

MX Global Sdn. Bhd announced Tuesday an equity investment into the company from Binance. It also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad. These new capital injections will allow MX Global, a licensed fintech company, to build brand awareness, hire more high-quality talent and develop…

Crypto exchange Binance to invest $200M in Forbes

Binance will make a $200 million strategic investment in United States (US) media firm Forbes. The strategic investment will be through Binance’s assumption of subscription agreements representing $200 million of commitments in the $400 million private investment in public equity (PIPE) that was previously announced along with Forbes’ intention to go public…

Binance and Netmarble F&C sign MoU for strategic partnership to build a global P2E and NFT ecosystem

Binance has announced the signing of a Memorandum of Understanding (MoU) for a strategic partnership with Netmarble F&C, to build a global Play to Earn (P2E) ecosystem and non-fungible token (NFT) offering. Through the strategic partnership, the two teams will develop and contribute to the infrastructure of Binance Smart Chain (BSC) through BSC…

Binance partners with South Korean entertainment firm YG Entertainment to develop metaverse, NFT and gaming opportunities

Binance has partnered with YG Entertainment (YG) to develop metaverse, non-fungible token (NFT) and gaming opportunities. As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply…