Binance CEO Year-End Letter: Crossing the Mountains, Hand in Hand with the Sea of People
Binance Co-CEOs Yi He and Richard Teng reflect on 2025 as a pivotal year, marked by reaching 300 million users—meaning one in every 27 people globally now uses Binance. Despite challenges like AI market volatility, trade wars, and regulatory uncertainty, the industry demonstrated strong resilience. Key regulatory milestones, such as the GENIUS Act, provided clarity and protection, ending the "wild west" era of crypto.
The year saw a fusion of centralized and decentralized finance, with retail trading surging 125% and institutional adoption growing—30% of large investors already hold digital assets. Nearly half of all BTC and ETH trades occurred on Binance, with over 60% of on-chain transactions via Binance Wallet. The Alpha 2.0 platform facilitated $1 trillion in volume, $780M in airdrops, and attracted 17M users. Traditional finance embraced crypto, with significant ETF inflows and major institutions tokenizing bonds.
Trust remains paramount: Binance safeguards $162.8B in user assets, proven via PoR. The platform enhanced security, reducing major illegal risks by 96%, blocking $6.69B in fraudulent transactions, and recovering $11.7M for users. Compliance efforts expanded with 29 certifications and a 1,280-person team.
Looking to 2026, Binance anticipates growth driven by global economic stability, tech advances, and clearer regulations like the RFIA/CLARITY Act. The focus remains on "Freedom of Money," through security, compliance, and education initiatives like Binance Junior and Binance Charity ($43.55M donated to date). The co-CEOs thank the community and invite others to join in building an open financial future.
marsbit12/31 15:43
