Binance CEO Richard Teng denied reports of potential deal discussions involving Binance.US and Trump-affiliated entities at the Blockworks’ 2025 Digital Asset Summit in New York. This statement echoed earlier denials from Binance founder Changpeng Zhao and former President Donald Trump. The Wall Street Journal had reported that Binance.US was considering selling an equity interest to entities like World Liberty Financial, a project linked to the Trump family. Teng emphasized the distinction between Binance.US and its global counterpart, pointing out their different governance structures. Despite distancing from any deal, Teng praised Trump for his pro-crypto policies, asserting that Binance has benefited from them. Both Trump and Zhao dismissed the Wall Street Journal’s claims in separate public statements, with Trump criticizing the publication's credibility and affiliations. The comment highlights Trump’s unusual engagement with the cryptocurrency sector, raising questions about the intersection of politics and digital finance in the US.

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