Binance Co-Founder Yi He Appointed Co-CEO as the Company Nears 300 Million Users
Binance, the global blockchain ecosystem behind the world’s largest digital asset exchange by trading volume and users, today announced on stage at Binance Blockchain Week that its co-founder, Yi He, has been appointed Co-CEO.
“Yi has been an integral part of the executive leadership team since the launch of Binance. Her innovative and user-focused approach has been instrumental in shaping the company’s vision, culture, and bottom-up business strategy,” said Binance CEO Richard Teng. “This appointment is a natural progression and she will continue to guide the organization from strength to strength.”
“We remain dedicated to being the most trusted and regulated exchange in the world, always putting our users first. Yi plays a critical role in growing our community and driving product innovation as we work to reach one billion users. Together, we are focused on building the Web3 infrastructure and promoting financial freedom, empowering people to participate in a more open and fair financial system,” added Richard.
“I am honored to build alongside Richard, who brings decades of experience in regulated financial markets and was among the first to regulate crypto in its early days,” said Yi He. “Together, we bring diverse perspectives and are confident in leading the future of the industry during this pivotal time, as we responsibly expand our global presence and drive sustainable innovation with our users always at the center.”
Founded in 2017, Binance is a global blockchain ecosystem and the world’s largest digital asset exchange by trading volume and number of users. Binance serves hundreds of millions of users across more than 100 countries, offering a broad suite of products and services including crypto trading, payments, decentralized finance (DeFi), Web3 infrastructure, education, NFT solutions, and institutional services. Binance is committed to maintaining the highest standards of security, transparency, and regulatory compliance while working closely with policymakers and regulators worldwide to help advance the responsible development of the digital asset industry. Through continuous innovation, Binance aims to build a more inclusive financial ecosystem and empower users globally with greater financial access and freedom.