Binance has announced the appointment of its co-founder, Yi He, as the company’s new co-CEO, joining Richard Teng in jointly leading the world’s largest cryptocurrency exchange.
The announcement was made by Teng during Binance Blockchain Week, marking a significant milestone for the organisation as it continues to refine its leadership structure and long-term strategic direction.
Yi He has been a central figure at Binance since its launch, playing a foundational leadership role in building the company’s global brand, its community, and many of its core business functions.
Her elevation to co-CEO officially recognises her influence in the company’s growth and positions her to drive Binance’s next phase of development.
Teng emphasised that Yi’s strategic insight and long-standing leadership have been instrumental to Binance’s rapid rise. He noted that her new role will further strengthen the company’s ability to innovate, navigate global regulatory environments, and build on its mission to advance the digital asset ecosystem.
Together, the leadership duo reaffirmed Binance’s commitment to Web3 innovation, regulatory compliance, and user-centric expansion. They highlighted that while the industry continues to evolve rapidly, Binance remains focused on ensuring that technological progress is matched with responsibility, transparency, and long-term sustainability.
Binance is recognised as the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider.
Its product suite includes the world’s largest digital asset exchange, along with a broad range of services designed to support users across all levels of the crypto economy. With more than 200 million users worldwide, Binance is committed to increasing financial freedom through accessible, secure, and comprehensive digital asset solutions.
The Binance platform offers an extensive portfolio of products across multiple categories, including trading and finance, education, data and research, social impact initiatives, investment and incubation, decentralised technologies, and infrastructure solutions.
This broad ecosystem reflects Binance’s long-term strategy to support global adoption of digital assets while empowering users with innovative tools and resources.
Yi He’s appointment as co-CEO signals a continued evolution in Binance’s leadership approach as the company strengthens its position at the forefront of the blockchain industry.
With Yi and Teng working jointly, Binance aims to enhance its operational resilience, deepen trust across global markets, and continue delivering user-focused innovation that supports the next generation of Web3 development.
