Crypto asset platform Binance has announced that one of its co-founders, Yi He, has been appointed to the position of Co-CEO. CEO Richard Teng stated that this appointment is a natural result of the company’s user-centric approach that shapes its vision and strategy.
Global crypto asset platform Binance officially announced that co-founder Yi He has been appointed as Co-CEO. The announcement was made at the Binance Blockchain Week event.
A Natural Progression
In his statement regarding the appointment, Binance CEO Richard Teng expressed that Yi He has been an important part of the senior management team since the company’s founding and played a central role in shaping its vision, culture, and business strategy. Teng noted that this appointment was a natural progression process and that He would continue to guide the organization.
Teng noted that Binance’s top priority is user safety and that they maintain their commitment to being the world’s most trusted and regulated exchange.
The Goal: One Billion Users
Emphasizing that the company is moving towards its goal of one billion users, Teng highlighted that Yi He takes on a critical role in growing the community and driving product innovation. It was reported that the two leaders are focused on building Web3 infrastructure, promoting financial freedom, and ensuring users’ participation in a more open and fair financial system.
“Ambitious About Leading the Future”
In her assessment regarding the appointment, Yi He expressed her satisfaction in working with Richard Teng, who has decades of experience in regulated financial markets and pioneered crypto regulations in the early days of the industry.
She stated that they are ambitious about leading the future of the industry in this period where they bring together different perspectives, responsibly expand their global presence, and encourage sustainable innovation by putting users at the center.
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