Chanpen Zhao excluded the addition of services for shares in Binance

Binance positions itself as a “pure” Web3 company that is not interested in adding promotions to the products of the possibility of trading in shares. About this in an interview with Decrypt said CEO Bitcoin-Birzhi Chanpen Zhao.

The top manager did not give an assessment of the platforms whose leadership was decided by this step. According to him, such an option contradicts Binance philosophy.

Zhao noted that despite https://gagarin.news/ua/news/how-does-inflation-in-the-u-s-affect-bitcoin/ the profitable nature of the shares in shares, he prefers to focus on creating a larger number of Web3 tools.

“We do not go back, we are moving forward“, – he explained.

CEO BINANCE said that Bitcoin Targe is studying several companies as potential goals for acquisition during a bear market.

According to ZHAO, transactions will be easier than a complex structure of a loan or ransom. He explained that he would never have followed the path that Alameda Research chose with the support of Voyager Digital.

Earlier, CEO Binance said that he is negotiating with more than 50 companies about their “salvation”.

Recall that from October 14, 2021, Bitcoin-Birzha stopped supporting tokenized shares.

This was preceded by the pressure of the regulators of Great Britain and Germany, which began to verify the conformity of the service to local legislation.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.