Binance Holdings Ltd. on Wednesday announced the appointment of its co-founder Yi He as the company’s new co-chief executive officer (CEO), joining Richard Teng in leading the world’s largest cryptocurrency exchange.
In an official post on X, Binance said, “Together with Co-CEO @_RichardTeng, Yi will guide Binance through its next phase of development as we strengthen our global regulatory foundations and continue building a trusted, transparent, and responsible platform for digital assets.”
The company added that its mission remains unchanged — to broaden access to crypto, protect users, and accelerate safe adoption worldwide.
Yi He co-founded Binance in 2017 along with her long-term partner Changpeng Zhao (CZ). Before taking on the role of co-CEO, she was the head of Binance Labs, where she oversaw global strategy and investments.
Her elevation to the top leadership position comes as Binance continues to reinforce its regulatory framework and expand its global compliance capabilities.