Binance, one of the world’s largest cryptocurrency exchanges, has responded to recent rumors that suggest that the company is about to be sold. He Yi, co-founder of Binance, rejected these claims and labeled them as unfounded rumors spread by competitors.
In a statement, he clarified that Binance is regularly in discussions with institutions for possible investments and strategic partnerships, but there are no plans for a sale. “Every month, institutions approach us to discuss investments and cooperation options. We do not exclude the introduction of strategic partners and are also open to mergers and acquisitions, “he said Yi.
He also pointed out what she believes that crisis PR strategies are by competing companies, and claims that these competitors are spreading rumors to divert attention from the continuous success of Binance in the industry. According to her, these tactics are aimed at undermining the reputation of Binance in a time when the platform is flourishing.
Because Bitcoin continues to reach new price heights, the business model of Binance remains solid, with his platform as an important player in the growing cryptocurrency market. The company remains open for partnerships and acquisitions, which indicates a constant interest in expansion and cooperation within the industry.
Binance insured his users and stakeholders that it is as usual business and open up about his continuous efforts to build a robust and safe trading ecosystem.