Binance confirmed the appointment of co-founder Yi He as Co-CEO during Binance Blockchain Week in Dubai on December 3, 2025. The company shared the update as it moves toward a global community of nearly 300 million users.
What changed in Binance leadership
Yi He joined Richard Teng in the top executive role after years of shaping the company’s product and culture. Teng said Yi He helped establish Binance’s direction since launch and noted her influence on its user-focused operations. He stated that this transition strengthens the organization further.
Yi He said she values working beside Teng, who led regulated financial markets earlier in his career and supervised crypto oversight during its early stage. She said the two leaders bring different perspectives as they guide the exchange through its next period of growth.
Impact on Binance users and ecosystem
Binance stated that the leadership structure supports its aim to become the most trusted and regulated digital asset exchange. Teng said the firm remains committed to user protection as it expands. He added that Yi He continues to help build its community and product roadmap while the company works to reach one billion users.
Binance also emphasized its focus on Web3 infrastructure. The leadership team said this remains central as the exchange works to enhance global access to digital finance and broaden participation in open financial systems.
How the new structure supports future plans
The company said its roadmap includes sustainable innovation, expanded regulatory engagement and continued development of user tools. Yi He noted that the exchange plans to maintain responsible global expansion while centering user needs in every phase of its strategy.
