Binance Announces Strategic Investment in Chinese Crypto Data Startup By Cryptovest

Binance Announces Strategic Investment in Chinese Crypto Data Startup

Binance expands its influence as an angel investor, participating in yet another strategic round. This time, Binance participated in a round giving Mars Finance a $200 million valuation, reported Bloomberg.

This is one of the first direct investments of Binance in China. Curiously, the co-founder of Mars Finance is none other than Jihan Wu, co-founder of Bitmain. Wu has been missing from the crypto space for months, after Bitmain started to post disappointing quarterly results and saw the planned IPO for the comp…

This article appeared first on Cryptovest

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