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 2290 active competitors, including 198 funded and 75 that have exited. Its top competitors include companies like Blockchain, Kraken and Uphold.
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 2290 active competitors
Employee Count
14,673 as on Aug 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 | £0 - £1M (As on Mar 31, 2022) | 2 (As on Apr 05, 2024) | |
NEST SERVICES LIMITED CIN: 6342020 , United Kingdom, Active | Aug 13, 2007 | - | - | |
PRO NEST SERVICES LTD CIN: 15086825 , United Kingdom, Active | Aug 20, 2023 | £0 - £1M (As on Aug 31, 2024) | - | |
BINANCE ASIA SERVICES PTE. LTD. CIN: 201811768M , Singapore, Active | Apr 06, 2018 | - | - |
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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 45 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 and 1 phone number
- Richard Teng: Co-CEO of Binance. Contact Info: 1 email address and 1 phone number
View details of Binance's Founder profiles and Board Members
Binance's employee count trend
Binance has 14,673 employees as of Aug 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, Kraken and Uphold. 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 | 82/100 | |
2nd | Blockchain 2011, London (United Kingdom), Series E | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 82/100 | |
3rd | Kraken 2011, Cheyenne (United States), Series D | Provider of a multi-asset trading platform | $866M | 82/100 | |
4th | Uphold 2013, San Francisco (United States), Series B | Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals | $73.2M | 82/100 | |
5th | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 79/100 | |
6th | Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 78/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 78/100 | ||
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
9th | CoinSwitch 2017, Chennai (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 76/100 | |
10th | Cryptocurrency exchange and trading service provider | $247M | 76/100 |
Looking for more details on Binance's competitors? Click here to see the top ones
Binance's Investments and acquisitions
Binance has made 110 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 331 events in the last 1 year, 199 of them have been about company updates and 32 about partnerships.
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DOJ Accuses Companies of Using Binance to Funnel $1.5 Billion in Crypto to IranEngadget•Sep 15, 2026•Binance, Tether
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Binance Pitches AI Agents as New Crypto Exchange Customer ClassThe Crypto Times•Sep 14, 2026•Binance
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Binance Pre-IPO Contract for Anthropic Implies Valuation Over $2.1 TrillionCryptoSlate•Sep 11, 2026•Binance, Anthropic
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Binance Alpha Adds PONS and FLORK Tokens Amidst Significant Fee GenerationBitcoin Ethereum News•Sep 03, 2026•Binance
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Binance Launches US Stock Options with Physical SettlementThe Crypto Times•Sep 01, 2026•Binance, Alpaca Securities
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Binance Reportedly Still Onboarding Users in EU After MiCA License DeadlineBitcoin•Aug 22, 2026•Binance
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Binance Launches Agent OS: Connecting AI to Financial InfrastructurePR Newswire•Aug 20, 2026•Binance
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Binance Security Team Prevents Malicious DAO Governance Proposal Targeting $1.2M TreasuryCrowdfund Insider•Aug 20, 2026•Binance
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