Binance has appointed Yi He as co-CEO alongside Richard Teng, with an aim to bolster Binance's global presence and drive the company's goal of reaching one billion users.

He, a co-founder and key executive since Binance's inception, has been instrumental in shaping the company's vision and culture with a focus on user-centric innovation.

His appointment as co-CEO was highlighted by Teng during his keynote speech at Binance Blockchain Week. Teng praised Yi's contributions to the executive leadership team since Binance's launch, describing her new role as a natural progression. He expressed confidence in Yi's ability to guide Binance from strength to strength, emphasizing her role in maintaining a user-first approach that fuels community expansion and product excellence.