Binance Co-founders Dismiss Rumors of Exchange Sale

The co-founder of the platform, Yi He, dismissed online rumors that “Binance is about to be sold” as gossip spread by competitors.

所以友商的危机公关策略就是批量买稿造币安的谣转移注意力？?
自比特币价格突破新高，交易平台作为生态验证成立的商业模型，按照投资的头部原则，每个月都会有机构来问币安是否接受投资和合作，我们不排除引入战略合作伙伴，也开放并购，如果有其他交易平台有出售计划欢迎联系。

— Yi He (@heyibinance) February 17, 2025

She stated that institutions regularly reach out to them, ready to collaborate and invest in Binance.

“We do not rule out attracting strategic partners and are open to mergers and acquisitions. If there are other trading platforms with plans to sell, please contact us,” she added.

Former CEO of the exchange, Changpeng Zhao (CZ), responded to the rumors with a post starting with the number 4. According to his classification, this means “ignore FUD and fake news about Binance.”

4. Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale.?

As a shareholder, Binance is not for sale.

Top investors have always been interested in Binance. Over time, we may allow some investments in the single-digit percentage range.?‍♂️

— CZ ? BNB (@cz_binance) February 17, 2025

“Some lowly self-perceived competitor in Asia is spreading rumors about the sale of Binance. As a shareholder: CEX is not for sale. Top investors have always been interested in Binance. Over time, we may allow certain investments in the single-digit percentage range,” stated CZ.

In September 2024, the entrepreneur was released after a four-month detention in an American prison. He was sentenced for money laundering and other illegal activities related to Binance.

Prior to this, the exchange permanently barred Zhao from management. However, the current CEO of Binance, Richard Teng, noted that CZ remains the largest shareholder.

Back in November, Zhao announced his willingness to consider offers to sell his stake in Binance.