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Or don't bother at all. Binance made it to $90 billion in liquid-enough assets before this Reuters article over the course of 4 years. This is without any reve

Or don't bother at all. Binance made it to $90 billion in liquid-enough assets before this Reuters article over the course of 4 years. This is without any revenue multiple applied or anything. The hit pieces are coming out because of admissions that Binance is considering an IPO and now people are surprised at how big it already is, while being effectively stateless. Binance has to fix the statelessness to provide confidence to stock investors. Other people are open to hampering their ability to find anywhere comfortable.

grey-area 5y ago
Binance is going to zero, the bubble has already started to burst and after it’s all over the truth will come out. They will never IPO because an IPO would involve conforming with securities law.
- vmception 5y ago
  An entity can conform with securities laws for listing, which are mostly just accounting practices, while being in violation of other securities laws around the assets they hold and trade do not.
  - grey-area 5y ago
    They cannot survive that level of scrutiny.