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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.
Social
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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
Stage
Series C
Total Funding
$2.02B in 5 rounds
Latest Funding Round
Ranked
Employee Count
14,097 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
-
-
-
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Binance's founders and board of directors

Founder? Claim Profile
The founders of Binance is Yi He. Yi He and Richard Teng are the CEOs of Binance.
Here are the details of Binance's key team 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:
Employee count trend for Binance
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Binance
Binance
2017, Abu Dhabi (United Arab Emirates), Series C
Online exchange platform for cryptocurrency
$2.02B
86/100
2nd
Logo for Blockchain
Blockchain
2011, London (United Kingdom), Acquired
App-based platform for exchange and trading solutions for cryptocurrency
$700M
85/100
3rd
Logo for Uphold
Uphold
2013, London (United Kingdom), Series B
App-based wallet and exchange platform for cross-border money transfers
$73.4M
82/100
4th
Logo for Uniswap
Uniswap
2018, New York City (United States), Series B
Provider of a decentralized exchange platform for cryptocurrency
$176M
80/100
5th
Logo for Gemini
Gemini
2014, New York City (United States), Public
Platform offering crypto exchange solutions
$424M
79/100
6th
Logo for PDAX
PDAX
2017, Makati (Philippines), Series B
Online exchange platform for cryptocurrencies
$62.5M
78/100
7th
Logo for FTX
FTX
2019, Nassau City (Bahamas), Series C
Online platform for trading in cryptocurrency
$1.73B
77/100
8th
Logo for CoinDCX
CoinDCX
2018, Mumbai (India), Series D
Cryptocurrency exchange and trading service provider
$247M
76/100
9th
Logo for CoinSwitch
CoinSwitch
2017, Bengaluru (India), Series C
Broker-based online crypto trading and exchange platform
$302M
75/100
10th
Logo for Bitstamp
Bitstamp
2011, London (United Kingdom), Acquired
App-based platform for cryptocurrency exchange
$11.4M
75/100
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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:lockFilter this list
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)
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Reports related to Binance

Here is the latest report on Binance's sector:

News related to Binance

lockFilter this list
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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FAQs about Binance

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