CZ and He Yi, Binance Co-founders: "Rumors of Binance Sale are False"

Source
Son Min

Summary

  • Binance co-founder He Yi pointed out that rumors about the sale of Binance are false.
  • He Yi expressed that Binance maintains a positive stance towards strategic partnerships and M&A.
  • Changpeng Zhao also emphasized there would be no sale of Binance, adding that they might allow equity investment.

Amid circulating rumors on social media (SNS) about Binance's potential sale, a co-founder of Binance has dismissed these claims.

On the 16th (local time), He Yi, co-founder of Binance, stated through X, "Is spreading false information competitors' crisis response strategy?" pointing out that rumors about Binance's sale are false. She added, "If other trading platforms are considering selling, feel free to contact us," noting that "Binance is positive about strategic partnerships and mergers and acquisitions (M&A)."

Changpeng Zhao, another Binance co-founder, also shared his views on the sale rumors. Through X, he emphasized, "A self-proclaimed competing exchange in Asia is spreading rumors about Binance's sale," and "As a shareholder, I can assure you that Binance will not be sold." He further added, "Over time, we might allow equity investment within single-digit percentages."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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