Zhao Denies Binance Sale amid Asset Moves and Calls It a “Treasury Adjustment”

Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale.Co-founder Yi He also addressed the rumors. She claimed they were part of a PR strategy by a competitor and suggested that Binance would rather acquire exchanges than sell, Cointelegraph reported.Sale Speculation Follows Binance Asset Moves“Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao said on February 17 on X. “As a shareholder, Binance is not for sale.”4. Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale.

Feb 18, 2025 - 01:14
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Zhao Denies Binance Sale amid Asset Moves and Calls It a “Treasury Adjustment”

Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale.

Co-founder Yi He also addressed the rumors. She claimed they were part of a PR strategy by a competitor and suggested that Binance would rather acquire exchanges than sell, Cointelegraph reported.

Sale Speculation Follows Binance Asset Moves

“Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao said on February 17 on X. “As a shareholder, Binance is not for sale.”