Too Long; Didn't Read
Binance's expansion into the U.S. market involved the establishment of BAM Management and BAM Trading, two key entities behind the Binance.US Platform. CZ played a pivotal role, holding substantial equity in BAM Management and providing vital funding for the platform's operation. The Binance Consultant and Binance personnel, guided by CZ, meticulously planned and executed various aspects of the platform, including regulatory compliance and operational functions. This chapter reveals the intricate workings of Binance's U.S. endeavors.