Can you elaborate on the companies that are owned by Binance, the leading
cryptocurrency exchange platform? Are there any notable subsidiaries or investments that Binance has made in recent years? Additionally, what are the primary areas of focus or services that these companies provide? I'm particularly interested in understanding how these companies contribute to Binance's overall business strategy and growth trajectory.
6 answers
Nicola
Sun Sep 29 2024
Prior to that, Binance acquired Tokocrypto on December 19, 2022. Tokocrypto is a popular Indonesian cryptocurrency exchange, and this acquisition further strengthens Binance's position in Southeast Asia.
alexander_rose_writer
Sun Sep 29 2024
Binance, the world's leading cryptocurrency exchange, has been on an acquisition spree lately. In recent months, they have made several strategic purchases to expand their global presence and offerings.
Nicola
Sun Sep 29 2024
On February 3, 2023, Binance acquired GOPAX, a popular South Korean cryptocurrency exchange. While the exact acquisition price remains undisclosed, this move underscores Binance's commitment to the Asian market.
SolitudeSeeker
Sat Sep 28 2024
In November 2022, Binance acquired Sakura Exchange Bitcoin, a Japanese cryptocurrency exchange. This acquisition allowed Binance to tap into the lucrative Japanese market and expand its user base.
Silvia
Sat Sep 28 2024
In March 2020, Binance made one of its biggest acquisitions to date, purchasing CoinMarketCap for $400 million. CoinMarketCap is a popular cryptocurrency data aggregator and this acquisition gave Binance access to a wealth of valuable data and insights.