Binance was founded in 2017 by Changpeng Zhao and Yi He. Binance announced Yi He as co-CEO alongside Richard Teng in December 2025; its operating legal entities and regulatory licenses vary by jurisdiction.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| BFUSDBFUSD | Crypto Backed | Active | $1.3B |
| Founded | 2017 |
| Stage | Private |
| CEO | Richard Teng and Yi He, co-CEOs |
| Founders | Changpeng Zhao, Yi He |
| Website | https://www.binance.com/ |
Binance was founded in 2017 by Changpeng Zhao and Yi He. Binance announced Yi He as co-CEO alongside Richard Teng in December 2025; its operating legal entities and regulatory licenses vary by jurisdiction.
Stablecoins issued by this entity: BFUSD.