On Friday, Binance announced hiring a former Wall Street top manager Wei Zhou as their CFO (chief financial officer). Such people are usually employed when a company heads for an IPO.
In his previous work experience Zhou has brought two big companies to an IPO on NYSE and Nasdaq. This fact supports the rumors about Binance heading for a public listing.
However, the Binance CEO denies this assumption, saying that the exchange has no plans of doing so. Curiously, enough, the rumour of Binance heading for an IPO appeared online almost at the same time as the Robinhood app stated that they are definitely planning a public listing and seek a CFO to help them do it.
#Binance have no plans for IPO, but that doesn't make those experiences less valuable in our new industry. On the contrary, those are very much needed. We are always looking for top talent, from traditional finance, Internet... any industry and anywhere in the world! https://t.co/inZZ9eww92
— CZ Binance (@cz_binance) September 7 2018
Tomiwabold Olajide
