Binance, the world’s leading cryptocurrency exchange by trading volume, has been growing at an exponential rate since its launch in July 2017. In just six months, Binance has become the largest cryptocurrency exchange in the world with a $1.
7 billion daily trading volume.
Binance’s success is due to a number of factors, including its innovative business model, strong team of executives, and commitment to customer service. But one of the most important factors in Binance’s success is its strong financial backing.
So who are the people and organizations that have invested in Binance? Here’s a look at some of the major investors in the company.
1. Changpeng Zhao – Founder and CEO of Binance
Changpeng Zhao, better known as “CZ”, is the founder and CEO of Binance. CZ is a serial entrepreneur who has a background in computer science and started his career working on Wall Street as a trader.
In 2014, CZ co-founded OKCoin, one of the largest Bitcoin exchanges in China. He left OKCoin in 2017 to start Binance.
2. Yi He – Co-founder of Binance and Head of International Expansion
Yi He is the co-founder of Binance and head of international expansion. She is also a co-founder of OKCoin, where she served as CMO prior to joining Binance.
Yi He has a degree in Computer Science from Peking University and an MBA from Fudan University.
3. Da Hongfei – Founder of NEO
Da Hongfei is the founder of NEO, a blockchain platform for developing smart contracts and decentralized applications. NEO is often referred to as the “Ethereum of China” due to its similar functionality and features.
Prior to NEO, Da Hongfei was the founder of Onchain, a blockchain consulting and development firm that built the private blockchain for FISCO BCOS, one of China’s largest consortium blockchain platforms.
4. Roger Ver – CEO of Bitcoin.com
Roger Ver is an early investor in Bitcoin and CEO of Bitcoin.com, one of the largest Bitcoin websites in the world with over 2 million unique visitors per month.
Ver is a vocal advocate for Bitcoin and cryptocurrency adoption and has been an important figure in helping to grow the industry.
5. Matthew Mellinger – Co-founder and President of The Block
Matthew Mellinger is the co-founder and president of The Block, a leading cryptocurrency news website with over 2 million unique visitors per month. Mellinger is also a founding partner at Blockchain Capital, one of the most active venture firms in the space with investments in leading companies such as Coinbase, Circle, Ripple, and BlockFi.