Binance CEO Richard Teng sees no need for an IPO

Richard Teng, Binance's new CEO, sees no need for an IPO – Coindesk

• “We are in a very strong financial position, so there is really no need for us to consider any fundraising or IPO at this point,” Teng said. “Since Binance's fifth month of operation, it has been profitable and has been very prudent in terms of spending. [an IPO] “It's not an issue that has come up.”