# BAM Trading Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bam-trading-services

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.binance.us
- Total disclosed funding: $200M
- Latest round: Seed (Apr 6, 2022)
- Investors on record: 8

## About

Based in California, US, and founded in 2019 by Changpeng Zhao, BAM Trading Services Inc., d.b.a. Binance.US operates a cryptocurrency exchange that provides a platform for trading various cryptocurrencies with low trading fees. In March 2022, BAM Trading Services Inc. raised USD 200 million in seed funding from Circle Ventures, Foundation Capital, Gaingels Syndicate, Original Capital, RRE Ventures, Fundamental labs, and VanEck. The seed funding values BAM Trading Services Inc. at USD 4.7 billion post-money. As of March 2022, Brian Shroder is the CEO of BAM Trading Services Inc.

Binance.US provides a regulated marketplace with a sophisticated user interface and innovative trading features for individuals to securely buy, trade, and earn more than 85 cryptocurrencies and 190 trading pairs with the ability to process 1.4 million orders per second. The company also provides a mobile application for both android and iOS users.

The company plans to use its proceeds from March 2022 funding to develop new products and services, enhance its spot trading platform, and hire new talents.

## Funding rounds

- Seed, Apr 6, 2022, $200M — RRE Ventures, Foundation Capital, VanEck, Gaingels, Fundamental labs, Original Capital, Gold House Ventures, Circle Ventures

## Investors

- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Seed
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- VanEck (https://capitalatlas.ai/funds/vaneck) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Fundamental labs — Seed
- Original Capital (https://capitalatlas.ai/funds/original-capital) — Seed
- Gold House Ventures (https://capitalatlas.ai/funds/gold-house-ventures) — Seed
- Circle Ventures — Seed