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 2402 active competitors, including 198 funded and 78 that have exited. Its top competitors include companies like Blockchain, CoinDCX and Kraken.
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/
- Social
- 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 2402 active competitors
Employee Count
14,747 as on Sep 30, 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, Deadpooled | Aug 20, 2023 | £0 - £1M (As on Aug 31, 2024) | - | |
BINANCE ASIA SERVICES PTE. LTD. UEN: 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:
Filter this list
Filter this listDate 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 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 14,747 employees as of Sep 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, CoinDCX and Kraken. 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 | 83/100 | |
2nd | Blockchain 2011, London (United Kingdom), Series E | Provider of digital asset infrastructure and financial services for users | $700M | 83/100 | |
3rd | Provider of cryptocurrency exchange services | $247M | 83/100 | ||
4th | Kraken 2011, Cheyenne (United States), Series D | Provider of a multi-asset trading platform | $866M | 83/100 | |
5th | 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 | |
6th |  Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 80/100 | |
7th |  Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 79/100 | |
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 78/100 | |
9th |  CoinSwitch 2017, Chennai (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 76/100 | |
10th | Online exchange platform for digital assets | $20M | 75/100 |
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Binance's Investments and acquisitions
Binance has made 111 investments in companies including Circle and Perena. Binance has also acquired 8 companies including Simpaul and GOPAX.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 22, 2026 | Investments | 2013 | Boston (United States) | |
Jan 02, 2025 | Acquisition | 2019 | Sao Paulo (Brazil) | |
Dec 11, 2024 | Investments | 2024 | Solana Beach (United States) |
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Reports related to Binance
Here is the latest report on Binance's sector:
News related to Binance
Filter this listMedia has covered Binance for a total of 323 events in the last 1 year, 208 of them have been about company updates and 29 about partnerships.
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Binance, Coinbase join West Africa scam sweep that flagged $11 millionCoinDesk•Oct 18, 2026•Binance, Coinbase
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Binance bStocks Product Reaches $1 Billion in Assets, Outpacing CompetitorsFinance Magnates•Oct 16, 2026•Binance
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XRP ETFs Now Hold $1.7 Billion, But Net Inflows Were Only $4M Last WeekCryptoSlate•Oct 08, 2026•Franklin Templeton Investments, Bitwise, Binance, Ripple
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Binance Implements New Crypto Transfer Rules for Brazilian UsersThe Crypto Times•Oct 05, 2026•Binance
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Binance Launches Binance Intelligence, AI Product Stack to Bridge Financial Knowledge GapGlobal Fintech Series•Oct 05, 2026•Binance
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Binance Ends Funding Account Crypto Deposits as Pay and Convert Move to SpotCryptoSlate•Sep 30, 2026•Binance
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Binance Launches 'Academania Skill-Up' Program in South Asia to Reward Blockchain LearningBusinessnewsthisweek•Sep 30, 2026•Binance
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KP Law announces over 1,000 investors join £250m+ claim against BinancePR Newswire•Sep 30, 2026•Binance
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FAQs about Binance
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