Binance founders dismiss rumors of exchange sale
Changpeng Zhao, the founder and former CEO of Binance, and Yi He, the co-founder of the exchange, have rejected rumors about Binance being sold to another company. Yi He stated that the rumors are baseless and fabricated by rival exchanges to divert market attention after Bitcoin’s record-breaking. She emphasized that Binance is open to strategic partnerships and mergers but not for sale. Zhao also confirmed that ‘Binance is not for sale.’ Yi He also announced that Binance is ready to acquire other trading platforms looking to sell.