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.