Binance
Organization·business·AI Enriched
Relationships:1
Events:6
Library:3
Confidence:
95%
Key Facts
Type
Organization
Sector
business
Industry
Not specified
Status
Draft
Country
Cayman Islands
Headquarters
No official headquarters (registered in Cayman Islands)
Founded
7/14/2017
Dissolved
Active
Also Known As
BNBBinance ExchangeBinance.comBinance Holdings Ltd.
Tags
cryptocurrency exchangeblockchainfintechDeFiWeb3
Overall Confidence
95%
Internal Notes
No notes
Key Information
Leadership
Changpeng Zhao
CEO
2017 - 2023
Richard Teng
CEO
2023 - Present
Positions
No positions added
About
World's largest cryptocurrency exchange by trading volume and the largest crypto-holding entity worldwide with over $200 billion in digital assets per Arkham Intelligence, founded by Changpeng Zhao. Initially based in China before relocating to Japan, then Malta; currently operates without an official company headquarters.
Key Relationships
Sam Bankman-Fried
investor
Binance was an early seed investor in FTX in 2019, purchasing an equity stake and receiving FTT tokens. In 2021, SBF bought out Binance's equity stake for approximately $2.1 billion — partially paid in FTT tokens. This buyback created the concentrated FTT holdings that CZ later threatened to liquidate.
Since 2019
Recent Events
Appointed CEO at Binance
Richard Teng became CEO of Binance
11/21/2023
Investor: Binance → Sam Bankman-Fried
Binance was an early seed investor in FTX in 2019, purchasing an equity stake and receiving FTT tokens. In 2021, SBF bought out Binance's equity stake for approximately $2.1 billion — partially paid in FTT tokens. This buyback created the concentrated FTT holdings that CZ later threatened to liquidate.
1/1/2019
Founded Binance
Founded as the world's largest cryptocurrency exchange
7/14/2017
Appointed CEO at Binance
Changpeng Zhao became CEO of Binance
7/1/2017
Relocated from China to Japan
Initially based in China before relocating to Japan
1/1/2017