June 20, 2025

The head of Binance announced major deals and support for 180 fiat currencies in 2020

The CEO of the popular cryptocurrency exchange Binance, Changpeng Zhao, said that his company is preparing to implementseveral major strategic takeovers in the new year.

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“We are constantly discussing various strategic acquisitions. Some of them are important and designed to have a significant impact. We will report this in a timely manner. ”- emphasized Zhao.

He added that last year Binance did“At least nine acquisitions,” but only a few of them were announced publicly. Among them: the analytical blockchain startup DappReview, the Indian crypto exchange WazirX and the little-known derivative platform JEX.

Also, according to Zhao, in 2020 Binanceplans to add support for 180 fiat currencies. According to the information on the site, currently 20 national currency units are represented on the popular exchange.

Binance is also working on a newToken Incentive Initiative (ETOP). It is a digital alternative to traditional ESOP when employees are shareholders in their own businesses.

Among other things, Zhao expressed confidence thatIn 2030, blockchain and cryptocurrencies will become a ubiquitous phenomenon and will be used to “pay for unmanned versions of Uber”, “buy things from the other side of the Earth and deliver them with drones”, as well as “finance research of biotechnological systems”. Distributed registry technology, in particular, will be widely involved in identification, in elections, social networks and other fields.

Also today it became known that Binance added various pairs with the euro:

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... implemented the possibility of staking the LOOM token:

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&#8230;and added an isolated margin mode to the futures platform.

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Recall, recently Binance added the ability to purchase cryptocurrencies using a Visa card.