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Author Topic: Binance acquired popular crypto data site CoinMarketCap  (Read 2929 times)

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Binance acquired popular crypto data site CoinMarketCap
« on: April 07, 2020, 01:19:41 PM »
 According to a recent announcement by Binance, the exchange recently bought the cryptocurrency data website CoinMarketCap for an undisclosed sum of money.
Looking to alleviate obvious worries, the Binance CEO Changpeng “CZ” Zhao assured the public that the site will remain independent from Binance so the data shared on it will be neutral and transparent. Binance is also currently developing a number of new services for it. Among them are enabled user registration and creation of watch lists and individual portfolios.
Despite these assurances the website will still undergo internal restructuring as part of the deal – the chief strategy officer of CMC, Carylyne Chan, will replace the founder Brandon Chez as interim CEO. Binance is also planning on investing in CMC’s further development this year.
Source
Binance is expanding despite the global crisis, let's see what else they will do.

 


 

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