Binance.US Raised $410 Million In Revenue So Far - Coinleaks
Current Date:September 21, 2024

Binance.US Raised $410 Million In Revenue So Far

Based on the information provided by the exchange, the SEC accountant said BinanceUS has generated $410 million in revenue since its founding.

The SEC accountant made the financial accounts of Binance.US public in detail. According to the information announced, Binance.US has generated $ 225 million in gross profit, with revenue of $ 410 million since its establishment. The exchange’s financial statements were detailed in a filing by an SEC accountant based on information the exchange provided to the regulatory agency.

Stock Exchange Made The Biggest Profit in 2021

The accounts belong to the period from 2019 to April 2023 and are the organization behind the exchange. BAM Trading Servicespoints to .

These accounts, shared by the accountant, show that the exchange generated most of its revenue and gross profit in 2021, generating $265 million in revenue that year. This figure is followed by 2022, when the company generated $95 million in revenue.

Alongside these, the SEC requested a temporary restriction to freeze the assets of Binance.US during the lawsuits filed yesterday. Binance CEO, who made a statement after this request Changpeng Zhaosaid that this only affects Binance.US and has nothing to do with Binance.