CZ: Binance Is Pure Web3 Company with No Plans to Offer Stock Trading
According to Decrypt, Binance CEO, CZ, said in a podcast that Binance has no plans to offer stock trading. CZ said, "We don't have any plans on doing stock trading. We just think that we're not running a fiscal broker store anytime soon. We are a pure Web3 company. We're not going back, we're moving forward." In addition, he added that Binance is eyeing a few companies as potential acquisition targets during the bear market, but that none of those would revolve around the exchange of traditional equities.