Binance.US may raise as much as $100 million in a new funding round, according to a report covered by Cointelegraph on Oct 15, 2026. If the round goes through on those terms, the exchange would be valued at $1 billion.
The report says Binance.US wants the money to win back market share. It links that goal to the settlement Binance reached with US authorities in 2023. The exchange is trying to recover users and trading volume it has lost since then.
Some things are still unknown. The report does not name any investors, does not say when the round might close, and does not confirm that it will happen. The figures are reported as the amount Binance.US is aiming for, not a completed deal.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this news changes nothing directly. The report is about a funding round at a different exchange. It says nothing about perpetual futures, funding rates, trading fees or liquidity on any of the four venues we track.
Source: cointelegraph — Binance.US seeks $1B valuation in potential $100M funding round: Report