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Binance CEO Teng on IPO Plans: 'Never Say Never'
ByAinvest
Wednesday, Jun 11, 2025 5:02 am ET1min read
Binance CEO Richard Teng stated that an IPO is a "very important corporate decision" that requires discussion with the board and shareholders. He emphasized that any listing must reflect strong user demand and align with Binance's mission to serve its users. Teng also mentioned that the company secured its first institutional investment from MGX, a sovereign-backed investor, in the form of a $2 billion minority investment in stablecoin.
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