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.