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Binance

Binance is a currency trading platform that offers block-chain asset exchange services. Read more

Changpeng Zhao's photo - Founder & CEO of Binance

Founder & CEO

Changpeng Zhao

CEO Approval Rating

89/100

Founded:

2017

Status:

PrivateIndependent Company

BINANCE TOP COMPETITORS OR ALTERNATIVES

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Bitfinex is the top competitor of Binance. Bitfinex is a Private company that was founded in Taipei City, Taipei (municipality) in 2012. Like Binance, Bitfinex also operates in the Blockchain sector. Bitfinex has 1,450 fewer employees vs. Binance.

OKCoin is seen as one of Binance's biggest rivals. OKCoin was founded in San Francisco, California} in 2013. Like Binance, OKCoin also competes in the Blockchain space. Compared to Binance, OKCoin generates $638M less revenue.

QUOINE is perceived as one of Binance's biggest rivals. QUOINE was founded in 2014, and is headquartered in Tokyo, Tōkyō Prefecture. QUOINE operates in the Diversified Financial Services industry. QUOINE generates $645M less revenue vs. Binance.

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Growth Score - 1/1

Is 1,550 a good estimate for Binance's Employee count?

Binance Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Swipe

Jul 2020

Source »
undisclosed
Swipe develops a mobile-based application that allows users to buy, sell, and spend cryptocurrencies via debit card.
CoinMarketCap OpCo, LLC

Apr 2020

Source »
undisclosed
Coinmarketcap is an online platform that provides statistical data on the cryptocurrency market.
DAppReview

Dec 2019

Source »
undisclosed
DAppReview is an evaluation platform that offers research and advertising solutions to blockchain-based decentralized applications.
WazirX

Nov 2019

Source »
$5M
WazirX is a mobile based bitcoin exchange platform that allows users to buy and sell cryptocurrencies.
JEX

Sep 2019

Source »
undisclosed
Jex is a digital asset exchange platform that enables users to trade cryptocurrencies.

These are all the companies that Binance has acquired. Binance has acquired 5 companies and its latest acquisition was Swipe in Jul 2020. Swipe develops a mobile-based application that allows users to buy, sell, and spend cryptocurrencies via debit card.

Binance Funding History

Since Binance was founded in 2017, it has participated in 4 rounds of funding. In total Binance has raised $1.1B. Binance's last funding round was on Mar 2020 for a total of $50.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Mar 2020
$50M
-
Equity
Oct 2018
--
Investment Fund
Jun 2018
$1B
-
Unattributed
Sep 2017
--
-

Since Binance was founded in 2017, it has participated in 4 rounds of funding. In total Binance has raised $1.1B. Binance's last funding round was on Mar 2020 for a total of $50.0M

Binance Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

$1.6M
Apr 12, 2021
Seed
-
PureStake is a Massachusetts-based blockchain platform that provides infrastructure and API development tools for ledger and crypto applications in Burlington.
$6M
Mar 29, 2021
Venture Round
-
LazyLedger is a Europe-based company that develops pluggable consensus and data availability layer to deploy decentralized blockchain's for businesses
$1.5M
Mar 02, 2021
Seed
-
Multicoin Capital is a cryptocurrency venture fund that focuses on investments in tokens and blockchain companies.
-
Mar 01, 2021
Venture Round
-
Plasm Network is a Japan-based multi-virtual machine scalable smart contract platform that allows developers to add plasma functions to their substrate chain for businesses.
$2.4M
Feb 08, 2021
Series A
-

These are all the companies that Binance has invested in. Binance has invested 5 companies and its latest investment was Swipe in Jul 2020. Swipe develops a mobile-based application that allows users to buy, sell, and spend cryptocurrencies via debit card.

Binance News

June 8, 2021Zephyr Net

Binance Picks 100 Creators for its Upcoming NFT Marketplace

Binance is launching its first "100 Creators" program featuring art from local to global creators for... See more »
June 7, 2021The Block

Binance picks 100 artists to spearhead launch of NFT marketplace

Crypto exchange Binance has selected 100 NFT artists who will be able to sell their artwork's during ... See more »
June 4, 2021iNVEZZ

Does Binance's recent innovation make BNB a good investment?

Throughout the past week, Binance Coin BNB/USD rebounded from below $240 to trade near the $400 level... See more »
June 4, 2021Zephyr Net

Binance's native token BNB sees a massive volume spike.

The native token of the world's leading cryptocurrency exchange Binance, Binance Coin, at press time,... See more »
June 3, 2021Benzinga

Binance Launches 'Cooling-Off Period' For Crypto Traders To Practice 'Self-Discipline'

What Happened: Binance, the world's largest crypto exchange, has introduced a new feature to its futu... See more »
June 1, 2021Born2Invest

Why Binance says we could see a quick rebound in Bitcoin

Binance explained that during an uptrend, like the one the market is currently experiencing, there ca... See more »
June 1, 2021Kenyan Wallstreet

Binance To Offer $30,000+ in Prizes To Hackathon Participants in Africa

Binance, the world's leading blockchain ecosystem, and cryptocurrency infrastructure provider will ho... See more »

Binance Press Releases

December 23, 2020PR Newswire

MATH Has Closed $12 Million B Round Funding, Led by Binance Labs

SINGAPORE, Dec. 23, 2020 /PRNewswire/ -- MATH Global Foundation, the Singapore-based foundation behin... See more »
August 18, 2020varindia

Elliptic Extends Partnership with Binance, Adding BNB to its Blockchain Analytics Platform

Elliptic, the global leader in cryptoasset risk management solutions, today announced that it will no... See more »
June 19, 2020StreetInsider

Everipedia's IQ becomes first EOS token listed on Binance, World's Largest Exchange

GRAND CAYMAN, Cayman Islands, June 19, 2020 /PRNewswire/ --Â Everipedia,...... See more »
May 18, 2020EIN Presswire

CMDX, Binance and Akon Aims to Fill the Financial Void across Africa

Leveraging Wearable Tech and Health Data, CMDX puts its Universal Basic Data Income model to good use... See more »
May 24, 2019streetinsider

Verasity Announces Strategic Partnership With Binance Chain

LONDON, May 24, 2019 /PRNewswire/ -- Verasity, the digital currency for online video players, has ann... See more »
May 12, 2019BriefingWire

Oracle Bridge Binance and Coinbase see significant increase in traffic as Bitcoin hopped in 2019

Oracle Bridge Ventures Connecting Value to Markets... See more »
March 27, 2019PR Newswire

Crypto Voucher Adding Support for BNB to Simplify Crypto in Europe

BRATISLAVA, Slovakia, March 27, 2019 /PRNewswire/ -- Binance and Crypto Voucher are making the proces... See more »

Binance Videos

Social Media

Binance Headquarters

7 Bell Yard Holborn

London, EnglandWC2A 2JR

Driving Directions »

Trending Companies

Binance Summary

ABOUT

Overview

Binance is a currency trading platform that offers block-chain asset exchange services. Binance was founded in 2017. Binance's headquarters is located in London, England, GB WC2A 2JR. It has raised 1.1B in 4 rounds. The latest round was in Mar 2020. B...

CEO

Binance's Founder & CEO, Changpeng Zhao, currently has an approval rating of 89%. Binance's primary competitors are Bitfinex, OKCoin & QUOINE.

Frequently Asked Questions about Binance

  1. When was Binance founded?

    Binance was founded in 2017
  2. Who is Binance's CEO?

    Binance's CEO is Changpeng Zhao
  3. How much revenue does Binance generate?

    Binance generates $650M in revenue
  4. How much funding does Binance have?

    Binance has historically raised $1.1B in funding
  5. Where is Binance's headquarters?

    Binance's headquarters is in London England, GB
  1. How many employees does Binance have?

    Binance has 1,550 employees
  2. What sector does Binance operate in?

    Binance is in Fintech, Blockchain, Application Software
  3. Who are Binance's competitors?

    Binance's top competitors are Bitfinex, OKCoin, QUOINE
  4. Who has Binance invested in?

    Binance's has invested in companies such as Mound, PureStake, LazyLedger Labs