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Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange

Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange. At the time, Binance was primarily a spot crypto exchange,...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange
Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange. 
At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing model. ...
Read More: Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange

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