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.