The cryptocurrency exchange’s US spinoff pulled in a nine-figure sum from investors like Circle Ventures at a post-money valuation of $4.7bn.

Binance.US, the US-based spinoff of Cayman Islands-registered cryptocurrency exchange Binance, secured $200m in seed funding on Wednesday from investors including digital payment platform developer Circle. RRE Ventures, Original Capital, Foundation Capital and VanEck filled out the round alongside unnamed others. Circle participated through corporate venturing unit Circle Ventures and the round valued the company at…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.