PANews reported on December 3 that Binance announced at its Binance Blockchain Week event that co-founder He Yi has officially assumed the role of co-CEO.

Binance Co-CEO Richard Teng stated, “Since Binance’s inception, He Yi has been a key member of the core management team. Her innovative thinking and user-centric approach have played a crucial role in advancing and shaping the company’s vision, culture, and bottom-up business strategy. This appointment is a natural progression, and she will continue to drive the company’s growth.”