In a recent interview, He Yi, co-founder of Binance, addressed circulating rumors regarding the potential sale of the exchange. He firmly asserted these speculations, labeling them as competitive public relations strategies designed to mislead market observers. As Bitcoin continues to reach new price thresholds, the evidential strength of the current exchange business model becomes increasingly apparent. Notably, institutional interest remains robust, with inquiries about potential investment and partnership opportunities with Binance coming in regularly. Yi indicated that while Binance is exploring the option to engage with strategic partners, they remain open to the idea of mergers and acquisitions. Furthermore, he extended an invitation to other exchanges contemplating a sale to initiate discussions, showcasing Binance’s proactive approach in navigating the rapidly evolving cryptocurrency landscape.
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