The registered address for Binance UK has been revealed as the exchange looks to exit the region. In a recent development, thousands of companies were discovered to share a small building as an office in Suffolk, United Kingdom.
Among these different firms is the world’s largest crypto exchange Binance. The exchange firm reportedly shares a tiny building in Britain’s East with over 2,000 companies.
Binance Shares A Utility Closet As An Office In The UK
According to a post on June 19 on the r/buttcoin subreddit, the use of tiny shared offices has become a growing trend for most tech companies and big firms.
The post showcased the “utility closet” Binance Ltd shares with over 2,400 other companies as its registered address in the UK.
The UK address for Binance is located in a tiny town in Suffolk County, Mildenhall, England. Outline from Google Maps indicates that the office setting is small, having a plain outlook of a garage building on the outskirts of the town.
Also, the description of the place shows that the building is about an hour-and-a-half drive from Britain’s capital, London. Data from the company’s government registrar, Companies House, indicates that Binance Ltd. is not the only company using that address.
A total of 2,403 other active firms share the building with the crypto exchange. Further, the data revealed that OfficeServ is among the companies using the address as its office.
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Author: Eli Dambel
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