Binance is an online exchange where users can trade cryptocurrencies. It supports most commonly traded cryptocurrencies. Binance provides a crypto wallet for traders to store their electronic funds. The exchange also has supporting services for users to earn interest or transact using cryptocurrencies.

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<span style="color:#253256"><div class="p-company-content-block__title">Binance in figurs</div></span></span></span></p>
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Binance.US is one of the largest digital asset exchanges by trading volume in the U.S. with a 24-hour trading volume of $306 million, according to data on CoinMarketCap. Other competitors like FTX US and Coinbase had 24-hour trading volumes of $197 million and $3 billion, respectively.

Binance.US raised over $200 million in its first external funding round, putting its pre-money valuation at $4.5 billion as it builds out a roadmap for an initial public offering (IPO), its CEO Brian Shroder told TechCrunch.
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<span style="color:#253256"><div class="p-company-content-block__title">IPO plans</div></span></span></span></p>
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The company is targeting an IPO in two to three years from April 6, Shroder said. This is the first time Binance.US has taken external investor capital, and no valuation has been shared publicly before, he added.

Binance's revenue was reported to be $800 m in Y, 2020 which is a 40.4% increase from the previous period.

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<span style="color:#253256"><div class="p-company-content-block__title">Profitability forecast</div></span></span></span></p>
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We do not have data on the growth history of the Binance valuation, as early data do not exist or are not disclosed. However, based on the growth rates of users and revenue of the company, as well as comparison with the IPO Coinbase, we can expect a possible profitability of 100-150% within 1-3 years. 



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