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BTC $69,316.30 -2.49%
ETH $2,051.92 -2.78%
BNB $629.75 -2.16%
XRP $1.44 +0.17%
SOL $85.10 -2.92%
TRX $0.2772 -0.72%
DOGE $0.0950 -2.34%
ADA $0.2667 -2.23%
BCH $525.34 -0.97%
LINK $8.72 -1.85%
HYPE $31.32 -1.00%
AAVE $112.19 -0.70%
SUI $0.9526 -3.76%
XLM $0.1592 -1.61%
ZEC $237.29 -2.48%

-ceo

Binance releases open letter from co-CEOs for 2025: Global users exceed 300 million, annual trading volume reaches $34 trillion

According to official news, Binance has released its 2025 Co-CEO Year-End Open Letter, revealing that its global user base has surpassed 300 million. The open letter points out that currently, on average, 1 in every 27 people globally uses crypto assets, indicating that the industry is moving from a niche phase to broader everyday applications.In terms of business data, Binance stated that the total product trading volume on the platform reached $34 trillion in 2025. Among this, retail-led trading volume grew by 125% year-on-year, while institutional trading volume increased by 21% year-on-year. On most trading days, nearly half of the global BTC and ETH trading volume occurs on the Binance platform. Binance also disclosed that its Web3 business continues to grow. Over the past year, more than 60% of mainstream on-chain transactions were completed through the Binance wallet, with the Alpha 2 product accumulating over $1 trillion in trading volume, and 17 million users participating in on-chain project exploration, receiving approximately $780 million in airdrop rewards.In terms of compliance and security, Binance stated that the user asset balance verified through Proof of Reserves (PoR) has reached $162.8 billion. Over the past year, the platform intercepted $6.69 billion in risky funds through risk control and AI models, reducing the success rate of phishing attacks to 0.4%. Additionally, Binance has currently obtained 29 compliance and security certifications globally, with a compliance team size of 1,280 people.

Binance announces He Yi as Co-CEO

On December 3rd, Binance announced at the Binance Blockchain Week event that co-founder He Yi has officially been appointed as Co-CEO.Binance Co-CEO Richard Teng stated, "Since the establishment of Binance, He Yi has always been an important member of the core management team. Her innovative thinking and user-centric philosophy have played a key role in continuously advancing and shaping the company's vision, culture, and bottom-up business strategy. This appointment is a natural progression, and she will continue to drive the company's growth."Richard further added, "We are committed to becoming the most trusted and compliant exchange globally, adhering to a user-first approach. He Yi plays a crucial role in building the community and driving product innovation, which is vital for us to achieve our goal of one billion users. In the future, we will continue to focus on building Web3 infrastructure, promoting financial freedom, and empowering more people to participate in a more open and equitable financial system."He Yi expressed, "I am honored to work alongside Richard. He has decades of rich experience in regulated financial markets and is one of the earliest financial regulators involved in the crypto industry. We have diverse perspectives and are confident in leading the future together at critical moments in the industry. We will continue to expand our business globally in a responsible manner, driving sustainable innovation while always placing users at the core."
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