According to Binance CEO Changpeng Zhao, “sooner or later”, the market will see the next bull run, and arrival of institutions may become its trigger.
The world’s leading cryptocurrency exchange, Binance has entered the Singaporean market launching a beta modul of the fiat-to-crypto exchange.
Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years.
Binance has currently released a “rough, pre-alpha” of the decentralized exchange, which is currently only client-based with no working graphical user-interface.
Binance chief Zhao Changpeng has formally denied allegations made by venture capital firm Sequoia Capital. The company claimed that he had violated terms of an exclusivity agreement by holding fundraising talks with other potential investors.