Binance co-founder He Yi appointed co-CEO…"Strengthening global expansion and regulatory compliance" [BBW 2025]

Binance officially appointed co-founder He Yi as co-CEO, signaling a direction to strengthen the organization's global expansion and regulatory compliance framework. Co-CEO Richard Teng said He has played a key role in user-centered strategy and corporate culture building, and that this decision is a natural progression for Binance's next stage of growth.

Binance announced He Yi's co-CEO appointment on the 3rd (local time) at Binance Blockchain Week 2025 held in Dubai. On stage, Richard Teng said, "He has been a key leader designing a user-centric vision and bottom-up strategy since Binance's early days," and "this appointment is a formal step to expand his role and contributions."

Richard Teng said, "Binance aims to become the most trusted global exchange based on regulatory compliance, and users are the top priority," adding, "He has played an important role in product innovation and community expansion, and together we will pursue the goal of acquiring 1 billion users worldwide." He also noted that building Web3 infrastructure and expanding financial accessibility are Binance's future core tasks.

He Yi, on his appointment as co-CEO, said, "I am honored to be able to build the next stage of growth together with Richard," adding, "Richard is a leader with long experience in traditional finance and regulated markets, and the combination of different perspectives will lead Binance in a more responsible and sustainable direction during the industry's transition." He further stated, "We will continue Web3-based innovation so that users around the world can participate in a more open and fair financial system."

A Binance spokesperson said in a statement, "He Yi's appointment as co-CEO is a decision to strengthen Binance's leadership structure and accelerate global innovation," and added, "The two co-CEOs will jointly lead key strategies such as regulatory compliance, product development, and community growth."