Binance Appoints Co-Founder He Yi as Co-CEO, Uniting Leadership with Richard Teng for Next Growth Era

Singapore – [Date of Article] – Binance, the world’s preeminent cryptocurrency exchange by both trading volume and user base, today announced a pivotal leadership development as its global user community rapidly approaches the 300 million milestone. Co-founder He Yi has been officially appointed as Co-CEO, joining current CEO Richard Teng to collectively steer the company’s strategic vision and accelerate its global expansion.

The announcement, made during “Binance 2025 Blockchain Week,” underscores the exchange’s commitment to robust and complementary leadership. Richard Teng highlighted He Yi’s foundational contributions since Binance’s inception:

“From day one, He Yi has been an indispensable force within our core management team. Her innovative, user-centric philosophy has not only profoundly shaped Binance’s vision and culture but has also been instrumental in our bottom-up business strategy. This appointment is a natural and strategic progression, and we are confident she will continue to drive the company’s growth and solidify our market leadership.”

Teng further reiterated Binance’s unwavering dedication to its core mission, emphasizing its future as “the world’s most trusted and well-regulated exchange,” with an uncompromising focus on user priority.

“As we aggressively pursue our ambitious goal of reaching 1 billion users, He Yi’s leadership in community expansion and groundbreaking product innovation will be absolutely vital. Together, we are committed to building robust Web3 infrastructure, championing financial freedom, and empowering individuals worldwide to participate in a more open and equitable financial ecosystem.”

Responding to her new role, He Yi emphasized the critical importance of their complementary backgrounds and shared vision:

“I am deeply honored to embark on this journey alongside Richard Teng. Our diverse perspectives and collective confidence position us strongly to lead the industry forward during this transformative period. We are dedicated to responsibly expanding our global operations, consistently upholding our ‘user-first’ principle, and continuously driving sustainable innovation that benefits all.”