Binance - About the company
Binance is a series C company based in Abu Dhabi (United Arab Emirates), founded in 2017 by Yi He. It operates as an Online exchange platform for cryptocurrency. Binance has raised $2.02B in funding from investors like Sequoia Capital, Fancheng Holdings and Limitlesscryptos. The company has 1966 active competitors, including 188 funded and 66 that have exited. Its top competitors include companies like Blockchain, Uphold and Uniswap.
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/
- 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
Investors
Ranked
1st among 1966 active competitors
Employee Count
14,097 as on Mar 31, 2026
Similar Companies
Legal entities associated with Binance
Binance is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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) | - |
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Binance's funding and investors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 12, 2025 | $2B | Series C | - | - | - | |
Jun 08, 2023 | $11M | Series B | - | - | - | - |
Oct 23, 2018 | Undisclosed | Series A | - | - | - |
View details of Binance's funding rounds and investors
Binance's founders and board of directors
Founder? Claim ProfileHere 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 14,097 employees as of Mar 26. Here is Binance's employee count trend over the years:
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Binance's Competitors and alternates
Top competitors of Binance include Blockchain, Uphold and Uniswap. Here is the list of Top 10 competitors of Binance, ranked by Tracxn score:
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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 | 86/100 | |
2nd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 85/100 | |
3rd | Uphold 2013, London (United Kingdom), Series B | App-based wallet and exchange platform for cross-border money transfers | $73.4M | 82/100 | |
4th | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
5th | Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
6th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 78/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
9th | CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
10th | Bitstamp 2011, London (United Kingdom), Acquired | App-based platform for cryptocurrency exchange | $11.4M | 75/100 |
Looking for more details on Binance's competitors? Click here to see the top ones
Binance's Investments and acquisitions
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:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 02, 2025 | Acquisition | 2019 | Sao Paulo (Brazil) | |
Dec 11, 2024 | Investments | 2024 | Solana Beach (United States) | |
Nov 28, 2024 | Investments | 2024 | Hong Kong (China) |
See all investments and acquisitions by Binance
Reports related to Binance
Here is the latest report on Binance's sector:
News related to Binance
Media has covered Binance for a total of 298 events in the last 1 year, 149 of them have been about company updates and 45 about partnerships.
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Binance Lists AMD and Qualcomm Stocks, XRP's Utility Explained, Bitcoin Eyes $96,000 Amidst Institutional DemandBitcoin Ethereum News•May 04, 2026•Binance
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Binance Buys $1B in Bitcoin for Emergency Fund, Boosting Reserves Amid Market DownturnFinance Magnates•Apr 28, 2026•Binance
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BIS Report: Crypto Earn Products Resemble Deposits With No FDIC ProtectionBitcoin•Apr 24, 2026•BIS, Binance, Coinbase
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Binance Debit Card Registration Opens with Powerful 3% Cashback and No FeesBitcoin World•Apr 23, 2026•Binance
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Binance, Bitget Probe RAVE's 4,500% Surge Amid Insider ClaimsCoinDesk•Apr 18, 2026•Binance, Kraken, Bitget
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Binance Adds 7 Tokens to Monitoring Tag, Lifts Seed Tag on XAUTThe Crypto Times•Apr 14, 2026•Binance, Tether
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