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Changpeng Zhao: Binance Plans To Raise Investments From Severa | STAMBIC TRADINGLTD

Changpeng Zhao: Binance Plans To Raise Investments From Several Global Funds

 The exchange is in talks with sovereign wealth funds to acquire a stake in the world's largest cryptocurrency exchange, as it seeks to strengthen relationships with governments and counterbalance aggressive regulators, the Binance CEO said.

 As a reminder, this year the exchange has faced growing pressure from regulators.

 Binance believes that investment by sovereign wealth funds will help improve its "perception and relationship" with various governments.