Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Binance made a strategic investment in the Chinese blockchain startup Mars Finance

    Binance made a strategic investment in the Chinese blockchain startup Mars Finance

    0
    By BlockchainJournal on September 17, 2019 Blockchain News, News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The world's largest trading platform Binance made a strategic investment in the blockchain startup Mars Finance, which began operations in 2018 and is behind the creation of the news portal Huoxing24.com, which specializes in cryptocurrencies.

    According to a publication from Bloomberg, whose representatives cite information from a press release, the exact amount invested by the crypto-exchange is unknown, but Mars Finance is estimated at $ 200 million. In addition to Binance, which first invested in a Chinese project, Mars Finance also financially supported Ceyuan Ventures and Matrixport, a financial startup created by Cihan Wu, co-founder of Bitmain.

    The launch of Mars Finance last year was led by entrepreneur Wang Feng. Earlier, the Chinese project managed to raise funds from IDG Capital, OKCoin and Huobi.

    Last week, the crypto exchange announced that on September 18, the registration of new users on the Binance.US platform will start. Tomorrow, users will be able to replenish the deposit and choose the desired level of verification of their account – their ability to withdraw funds will depend on this. Initially, users will get access to such cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Ripple, Ethereum, Tether.

    Binance Binance US Bitcoin bitcoin cash Bitmain blockchain Bloomberg Entrepreneur ethereum Featured Finance Huobi Investment Litecoin Mars Finance Ripple tether
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Hyperliquid’s USDH stablecoin call sparks fairness and governance debate

    September 5, 20253 Mins Read

    SharpLink to explore staking part of its $3.6 billion ETH treasury on Linea

    September 5, 20253 Mins Read

    Strategy Inc.’s path to the S&P 500 faces committee discretion, extreme volatility, and Bitcoin-dependent results

    September 5, 20253 Mins Read

    Coinbase accelerates toward a majority of AI-generated code amid a global trend

    September 5, 20253 Mins Read

    World Liberty Financial Blocks Justin Sun’s Wallet Amid WLFI Controversy

    September 5, 20253 Mins Read

    SEC bets on a pro-crypto agenda with a series of rulemakings on digital assets

    September 5, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.