
Binance has secured a $2 billion investment from the United Arab Emirates' sovereign fund, marking a notable milestone in the cryptocurrency sector. This investment is part of a broader trend in which substantial financial commitments to cryptocurrency firms have become increasingly common, reflecting the growing acceptance and integration of digital assets into mainstream finance. The investment is expected to enhance Binance's market position significantly, potentially making the UAE fund a major stakeholder in the company. Analysts speculate that this investment could represent about 10% of Binance's valuation, which is estimated at $24 billion, based on comparisons to other firms in the industry. The involvement of the UAE's sovereign fund indicates a strategic move to bolster the region's influence in the global cryptocurrency market.
on @binance 's $2b fundraising, my gut feeling guess is 10% minority. ref Kraken's ebitda $.38b last year, i assume binance is 10x bigger, let's make it $4b in ebitda. ev/ebitda let's say 6x, binance no debt, so valuation $24b. $2/$24b is about 8%. consider it's sovereighn fund… https://t.co/CFaeiydy5I
on @binance 's $2b fundraising, my gut feeling guess is 10% minority. ref Kraken's ebitda $.38b last year, i assume binance is 10x bigger, let's make it $4b in ebitda. eb/ebitda let's say 6x, binance no debt, so valuation $24b. $2/$24b is about 8%. consider it's sovereighn fund… https://t.co/vl60VscPR1
阿联酋的主权基金给币安投了20亿,恭喜币安! 🎉 在外漂泊了很久,终于找到家了! https://t.co/O4q4cm0DlA




