Binance made a strategic investment in the chinese firm Mars Finance – Breaking News

The house of change cryptographic largest in the world, Binance, made a strategic investment in the chinese firm and the source of data, Mars Finance. In accordance with the information provided, until now only know that Binance made an important investment for this startup; however, up to now has not been given to know the exact amount of the contribution made. What is clear is that it is a company with headquarters in China is now valued at 200 million dollars. Although it may seem somewhat odd that the house of change decide to make your first investment in a firm like this, you actually did following a strategy drawn up for the benefit of Binance. According to the CEO of the exchange, Changpeng Zhao, this investment represents an important contribution to the industry cryptography in general: “We have a great respect for the companies data, news and research that support the positive growth of the industry Blockchain. We will continue to seek opportunities for strategic investment in our mission of bringing crypto to the mainstream, to increase the adoption and accessibility, and to help the industry grow in a sustainable manner”. And the house of change was not the only company that formed part of the investment round. The chinese firm was also backed by Ceyuan Ventures and Matrixport, startup financial services, founded by Jihan Wu, the co-founder of the firm of mining Bitcoin, Bitmain. The chinese firm Mars Finance, was founded in 2018 by the technology entrepreneur Wang Feng. According to the platform of news Bloomberg, before this, had already done two other rounds of funding from investors, where the participation of some well-known companies that include IDG Capital, and the subsidiaries risk of OKCoin and Huobi. The web site of Mars Finance indicates that it also offers market reports, and a venture capital fund called Consensus Lab. The news comes shortly after Binance announced that its platform for the united States will soon be fully operational, and that in these moments is preparing to start the period of registration of new users. It is clear that Binance still committed to be one of the companies more proactive within the industry cryptography, showing that it is necessary for all companies that wish to be successful within the ecosystem, to keep constantly innovating. The following two tabs change content below. I am a student of International Studies, interested in new technologies and their impact on the world. A true believer that tenacity is the foundation of success.

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