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Binance to Strike Partnership with Yahoo Japan: South Korean Media

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Thu, 01/16/2020 - 13:21
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Yuri Molchan
Binance crypto giant reportedly is about to initiate a strategic partnership with Yahoo! Japan, however, neither Binance nor the other side have confirmed it yet
Binance to Strike Partnership with Yahoo Japan: South Korean Media
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The most famous ‘partnership maker’ in the crypto sphere so far has been Tron, which last year partnered with South Korean giant Samsung and recently acquired the DLive streaming app.

However, several announcements made by Tron, such as its partnership with Liverpool FC, have proven to be simply rumors.

Entrepreneur Alexandre Dreyfus has shared an article from the largest Japanese blockchain news outlet Coinjinja. Citing Korean media, it says that Binance is about to enter into a major partnership with the Yahoo! Japan giant.

Are Yahoo! Japan and Binance teaming up?

The article cites an interview of the Binance CEO, CZ, with South Korean media, in which he talks about an upcoming partnership between Binance and Yahoo! Japan.

CZ promised to make an official announcement on Friday, January 17.

Entrepreneur Alexandre Dreyfus, CEO of Chiliz ($CHZ), points out that should this news be true, this is going to be a massive step towards global Binance expansion.

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Binance adds a LINK/USDT perpetual contract

Earlier today, the Binance blog announced the addition of another perpetual contract to its Binance Futures section.

The announcement says:

“Binance Futures will launch LINK/USDT perpetual contract and open trading at 2020/01/17 08:00 AM (UTC). Users will be able to select between 1-75x leverage.”

By now, the crypto trading behemoth has added perpetual contracts based on several other top cryptocurrencies: XRP, EOS, LTC, TRX and ETC.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.