Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk

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The registered office address of a British binance entity has gained attention for looking like a “closet” from the outside and for being shared with over 2,400 other companies.

The United Kingdom-registered address for an entity of one of the world’s largest crypto exchanges, Binance, is nothing but a tiny building in Britain’s east that is shared by thousands of other companies.on the r/buttcoin subreddit showed the so-called “utility closet” Binance Ltd and thousands of other firms use as a registered office address in the U.K. — a tactic often used by other tech firms and large companies.

Binance Ltd’s address points to the small town of Mildenhall in Suffolk county, England. Google Maps shows the site is a small, nondescript garage building on the outer edge of the town about an hour and a half's drive from Britain’s capital London. The top image shows Binance’s office address registration with the government while the image spliced below shows the address on Google Maps. Source: RedditBinance Ltd shares the address with 2,403 active companies in total.

The address is actually the site of a company called OfficeServ, a virtual registered address service provider which aims to give a “believable business location,” as per its

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