A United States Securities and Exchange Commission (SEC) filing reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to keep Blockstack (STX) listed for one year.
Blockstack’s SEC filing reveals that Binance received 833,333 STX, which at the $0.30 token valuation provided by the company is equivalent to $250,000. The document also shows that the company intends to pay Binance more: