Zhao Changpeng: Binance achieved a profit of about $1 billion in its first year

According to PANews on July 7, Zhao Changpeng recently revealed in an exclusive interview hosted by Anthony Pompliano that Binance achieved a profit of about $1 billion in its first year, and may become the first company to achieve a profit of $1 billion from the start-up stage. Zhao Changpeng said that these profits were mainly realized in the first 3 to 8 months after the company went online, especially during the 3rd to 7th month, when Binance's trading volume reached its peak. He added that although some companies have reached a valuation of $1 billion faster, from a profitability perspective, Binance may be the fastest startup to achieve this goal.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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