A cryptocurrency exchange is seeking up to $100 million in a private funding round that would value the company at approximately $1 billion, according to Bloomberg. The capital raise targets institutional investors as the platform moves to scale its United States business operations. The planned expansion follows the resumption of U.S. dollar deposits and withdrawals in 2025, marking a significant operational milestone for the exchange. Proceeds from the financing round will be allocated specifically toward growing the company's footprint in the American market.