After nine months of searching, the American partner of the world's largest coin exchange has found a CFO. According to her Linkedin profile, Jasmine Lee is coming on board at the company after serving as CFO and COO at the same time.
Lee worked for eight years atPayPal, holding various leadership roles, including CFO and COO. The interim CFO, Eric Segal, was appointed last October after the former CFO left the company.
According to Brian Shroder, the firm's CEO, the goal is to go public within two to three years. Both Lee and Shroder said the same thing in the announcement.
Jasmine has more than 20 years of experience in both high growth and high tech startup environments. Shroder said that her experience at Paypal, a public Fortune 500 company, will be valuable as we chart our path to an IPO.
After its $2 billion deal to merge with blank check company Pioneer Merger Corp fell through earlier this year, it is said to be planning to go public.
Since taking the top role at the company, Shroder has been working on taking the company public. He closed the company's first venture round in April and brought in over $200 million from investors. He said that the company would soon announce an extension to the funding round.
The company told its employees last month that it is prepared for the storm. Last month it was reported that it was hiring for over 80 new roles. The company has launched a number of new products in the first half of the year.
The founder and shareholder of the global Binance exchange, Changpeng Zhao, is the sole shareholder of the new independent entity. Shroder said that the core technology as well as naming and branding rights of the company are licensed by the US.
Binance.US CEO tells employees the company is ‘growing faster than ever’
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