That evening, a few dozen or so market makers dubbed VIPs entered a dining room at the posh members-only club called 1880. Once inside, guests found their name tags placed on two long tables where they would dine on American Angus beef and bucatini with Australian truffles as Binance executives made the rounds. The studio that designed the 1880 club boasts that guests entering can travel up an escalator through a kaleidoscope tunnel.
As the contours of Binance Holdings Ltd.’s multibillion-dollar settlement with US authorities coalesced in September, some of its biggest traders who were in Singapore attending a conference got a preview.
The bottom line, served alongside a haute, Binance-hosted private dinner in a bustling nightlife district: the largest crypto exchange in the world would survive its American legal troubles.
