Changpeng Zhao teases the arrival of a "Binance Cloud"

Binance continues to diversify and will soon launch a cloud service. According to its CEO-founder, Changpeng Zhao, the product should be available from February 17th.

During a session Ask Me Everything (AMA) on Twitter, Zhao said the new system cloud was part of his "open platform initiative," reports Decrypt.

We want Binance be more of a platform and an infrastructure provider, "he said, adding that the initiative also included other projects such as a P2P program for traders and a brokerage service.

The boss of Binance did not provide much more information about his future cloud. However, he said the service should be operational on February 17, 2020. A job offer also indicates that Binance is currently looking for a " senior cloud engineer ".

Following the live, Binance tweeted a cloud emoji referring to the announcement of its CEO.

☁️

– Binance (@binance) February 7, 2020

Other big market players, like Chinese Huobi, already offer services cloud, in particular to allow financial institutions to launch white label crypto trading platforms.

Last month, we learned that Binance was in discussion with Z Corporation and TaoTao in order to deploy its offer to Japan.