Binance co-founder Yi He said she feels “lucky” to assume her new role as co-CEO, a position that will extend her focus on users while emphasizing community trust and protection.
She made her remarks during the “One Unstoppable Community” session at Binance Blockchain Week in Dubai on Dec. 3, 2025, where her appointment as co-CEO was announced. She will also continue as chief customer service officer.
As part of that announcement, Binance reiterated its aim to remain “the most trusted and regulated exchange” while continuing to prioritize its users.
Binance said its leadership and community focus have fueled rapid growth, with registered users rising from 250 million at the end of 2024 to 300 million.
The exchange’s size stands out among centralized platforms. A December 2024 CryptoSlate report found Binance customer deposits totaled about $21.6 billion—roughly 36% more than the combined deposits of the next 10 largest exchanges. The platform also became the first centralized exchange to surpass $100 trillion in cumulative trading volume.
Over several years, Binance has integrated compliance across its global operations. Its 2024 annual report detailed investments of hundreds of millions of dollars into compliance and security, an expansion of its compliance team to around 650 specialists, and regulatory licenses or registrations in 21 jurisdictions—more than any other major crypto platform.
To support its commitment to user safety, the company has implemented a series of anti-money laundering and know-your-customer protocols throughout its platform. These measures include tiered customer due diligence, enhanced verification for higher-risk accounts, sanctions and politically exposed persons screening, and checks on sources of funds and wealth. Compliance leadership and real-time monitoring support these protections.
Binance Holdings Ltd., founded in 2017 by Changpeng Zhao and Yi He, operates what is widely considered the world’s largest cryptocurrency exchange by trading volume. It offers spot trading, derivatives, and other digital-asset products without a formal global headquarters but serves users across numerous jurisdictions. Public estimates suggest Binance generated around $12 billion in revenue in 2022 and employed roughly 7,000 people worldwide as of 2023.
