When was Binance founded?

Binance was founded in 2017 and became a unicorn in 2025.

Where is Binance located?

Binance is headquartered in Abu Dhabi, United Arab Emirates. It is registered at UNIT 3.2 - 3.3 C/O NEST MANAGEMENT LTD,WILFORD BUSINESS PARK, RUDDINGTON LANE,,NOTTINGHAM,NOTTINGHAMSHIRE,ENGLAND,NG11 7EP.

Who is the current CEO of Binance?

Yi He and Richard Teng s of Binance. Yi He has also founded 2 companies.

How many employees does Binance have?

As of Apr 30, 2026, the latest employee count at Binance is 14323.

Is Binance a funded company?

Binance is a funded company, having raised a total of $2.02B across 5 funding rounds to date. The company's 1st funding round was a $10M Series A round, raised on Jan 09, 2017.

When was the latest funding round of Binance?

Binance's latest funding was a $2B Series C round on Mar 12, 2025, with participation from 1 investor.

Is Binance a Cryptocurrencies company?

The primary sector of Binance is Cryptocurrencies.

Where does Binance rank among its competitors?

Binance ranks 1st amongst 2029 active competitors, of which 195 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Uphold, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Binance?

Binance's top competitors include Kraken, Blockchain and Uphold. Among them, Uphold secured the most recent funding round in April, 2026.

Binance - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Binance operate in

Binance serves in the FinTech, Blockchain Technology market segments.The primary business model of Binance are:

Company Details

Online exchange platform for cryptocurrency. It allows users to buy, sell, and trade digital assets through multi-lingual solutions. It offers APIs, web-based, and app-based devices to access trading platforms for investing in cryptocurrencies. It also, features news articles, blogs, and discussion forums to assist new users. It enables users to track crypto live prices, explore new cryptocurrencies, and discover top gaining cryptos or top losing cryptocurrencies directly on the platform.

Website: www.binance.com/
Social
Email ID: *****@binance.com
Registered Address: UNIT 3.2 - 3.3 C/O NEST MANAGEMENT LTD,WILFORD BUSINESS PARK, RUDDINGTON LANE,,NOTTINGHAM,NOTTINGHAMSHIRE,ENGLAND,NG11 7EP

Key Metrics

Founded Year

2017

Location

Abu Dhabi, United Arab Emirates

Stage

Series C

Total Funding

$2.02B in 5 rounds

Latest Funding Round

Series C, Mar 12, 2025, $2B

Investors

Sequoia Capital & 43 more

Ranked

1^st among 2029 active competitors

Employee Count

14,323 as on Apr 30, 2026

Investment & Acquisitions

Simpaul & 115 more

Similar Companies

Kraken & 4518 more

View Binance's full profile

Binance is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MADBEL LIMITED CIN: 8651830 , United Kingdom, Active	Aug 14, 2013	$13.3K (As on Mar 31, 2022)	2 (As on Apr 05, 2024)
Binance Asia Services Pte. Ltd CIN: 201811768M , Singapore, Active	Apr 05, 2018	-	-
NEST SERVICES LIMITED CIN: 6342020 , United Kingdom, Active	Aug 13, 2007	-	-
PRO NEST SERVICES LTD CIN: 15086825 , United Kingdom, Active	Aug 20, 2023	$3.56K (As on Aug 31, 2024)	-

Binance has raised a total funding of $2.02B over 5 rounds. Its first funding round was on Jan 09, 2017. Its latest funding round was a Series C round on Mar 12, 2025 for $2B. 1 investor participated in its latest round. Binance has 44 institutional investors.

Here is the list of recent funding rounds of Binance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 12, 2025	$2B	Series C	-	-	-	MGX
Jun 08, 2023	$11M	Series B	-	-	-	-
Oct 23, 2018	Undisclosed	Series A	-	-	-	Vertex Ventures

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View details of Binance's funding rounds and investors

The founders of Binance is Yi He. Yi He and Richard Teng are the CEOs of Binance.

Here are the details of Binance's key team members:

Yi He: Co-Founder & Co-CEO of Binance and founder of 2 other companies, YZi Labs and Binance Labs.
Contact Info: 2 email addresses
Richard Teng: Co-CEO of Binance.
Contact Info: 1 email address

View details of Binance's Founder profiles and Board Members

Binance's employee count trend

Binance has 14,323 employees as of Apr 26. Here is Binance's employee count trend over the years:

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Top competitors of Binance include Kraken, Blockchain and Uphold. Here is the list of Top 10 competitors of Binance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Binance 2017, Abu Dhabi (United Arab Emirates), Series C	Online exchange platform for cryptocurrency	$2.02B	Janse Capital, Fiparin & 42 others	86/100
2nd	Kraken 2011, Cheyenne (United States), Series D	Operator of digital platforms for trading cryptocurrency stocks and futures	$867M	Citadel Securities, Jane Street & 120 others	86/100
3rd	Blockchain 2011, London (United Kingdom), Acquired	App-based platform for exchange and trading solutions for cryptocurrency	$700M	Lightspeed Venture Partners, Kingsway Capital ... & 26 others	84/100
4th	Uphold 2013, London (United Kingdom), Series B	App-based wallet and exchange platform for cross-border money transfers	$73.4M	YMF Investments, Blockchain Coinvestors & 7 others	82/100
5th	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Polychain, Andreessen Horowitz & 50 others	80/100
6th	Gemini 2014, New York City (United States), Public	Platform offering crypto exchange solutions	$424M	Morgan Creek Capital Management, Winklevoss Capital ... & 27 others	79/100
7th	FTX 2019, Nassau City (Bahamas), Series C	Online platform for trading in cryptocurrency	$1.73B	Temasek, SoftBank & 70 others	77/100
8th	PDAX 2017, Makati (Philippines), Series B	Online exchange platform for cryptocurrencies	$62.5M	Tiger Global Management, Beenext & 13 others	77/100
9th	CoinDCX 2018, Mumbai (India), Series D	Cryptocurrency exchange and trading service provider	$247M	Polychain, Bain Capital Ventures & 31 others	76/100
10th	CoinSwitch 2017, Bengaluru (India), Series C	Broker-based online crypto trading and exchange platform	$302M	Tiger Global Management, Ribbit Capital & 13 others	75/100

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Binance has made 108 investments in companies including Perena and Astherus. Binance has also acquired 8 companies including Simpaul and GOPAX.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 02, 2025	Acquisition	Simpaul	2019	Sao Paulo (Brazil)
Dec 11, 2024	Investments	Perena	2024	Solana Beach (United States)
Nov 28, 2024	Investments	Astherus	2024	Hong Kong (China)