The CEO of Binance, Changpeng Zhao, popularly known as CZ, held an AMA on Feb 7 in Berlin, Germany. During the AMA, he hinted the community that the exchange was working on several new products and promotions. Notable among them was the Binance Cloud.

Though details of these upcoming products and promotions were sparse, CZ told the participants to expect these developments over the next week or so. CZ stated that the exchange would be launching a new product, with the keyword being “Binance Cloud”, within the next 10 days. Since then the community has started speculating that Binance is working on a decentralized cloud product.

A decentralized cloud powered by the world’s crypto exchange giant would signal a major milestone in the company’s offerings. A follow up tweet from CZ pointed to a diversification that includes a cloud service offering is clearly underway.

Aside the Binance cloud announcement, CZ also cited a number of recent achievements by the company. Some included the incredible growth of Binance Futures, with 17 pairs now listed.

CZ added that, Binance was continuing to expand its P2P crypto trading platform. He noted that the company first offered support for the Chinese Yuan and Vietnamese Dong. He claimed more markets will be added in the near future.

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