Changpeng Zhao, founder and CEO of Binance, said the US could get an IPO in the next three years, according to a report.
The Business Coin (BNB) is an ERC20 token and has a fixed supply of 210,000,000 coins. Its value fluctuates in the exchanges that list Binans coins.
In September, the exchange announced that it had set a listing deadline for a token called Binance Launchpad. They have partnered with Binans Labs to fund BNB holders.
Binance has also launched Binance Stable, a decentralized stablecoin in US dollars.
A blockchain-driven decentralized exchange
The headlines came on September 6 when the company announced its plans to launch a digital asset exchange. This will be the first blockchain-supported decentralized exchange.
Binans said it would be able to eliminate the need for a centralized exchange.
Blockchain projects like Binans and 0x are gaining momentum in the financial world as regulatory frameworks become more favorable.
The 0x project plans to launch its own decentralized exchange, which will allow users to transact in a reliable way without any charges or any centralized authorization.
The project claims to have a network of 50,000+ decentralized exchanges (DEX) trading tokens such as Etherium, Lightcoin and 0x.
According to 0x estimates, the DEX ecosystem has more than 150 million users, with more than 20 million trades per day.
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