Binance

Binance is a blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The company’s mission is to be the main infrastructure service provider for the blockchain ecosystem.

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Products and services

The Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions, and more.

About the business

Binance is a cryptocurrency exchange, which is currently the largest exchange in the world in terms of daily trading volume of cryptocurrencies.

History

Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. The company was founded in China but moved its servers and headquarters out of China in response to the Chinese government’s ban on cryptocurrency trading.

About the owners & the team

With its headquarter on Cayman Islands, Binance employs over 6000 people across the world. Changpeng Zhao remains CEO of the company, and in 2021, was one of Singapore’s 50 Richest men, according to Forbes.

Focus

  • 14b

Secondary focus

  • 14a (- 14b)

Number of clients:

  • 14f

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