Binance Marks Nine Years as Crypto Exchange, Expands Offerings

Cryptocurrency exchange Binance is marking its ninth anniversary, announcing it has over 323 million registered users across more than 100 countries. Founded in July 2017, the company has seen substantial growth as the global cryptocurrency ownership population has expanded from fewer than 6 million to over 741 million worldwide. Binance states that approximately 43% of all crypto holders globally now use its platform.

The company reports its cumulative trading volume has exceeded $156 trillion. Binance has also broadened its offerings to include traditional financial instruments, such as stocks and ETFs, positioning itself as a comprehensive financial platform. Recent introductions into traditional finance products have garnered significant trading volume and assets under management shortly after their launch.

Since Binance's inception, crypto markets have experienced considerable expansion, with increasing institutional interest. Regulatory frameworks are also evolving internationally. The company now aims to attract over three billion users by providing a single platform for trading, payments, and savings.

Binance Co-CEO Yi He stated that the platform has been increasing "the freedom of money globally," serving both retail traders in emerging markets and large institutional investors. She emphasized that the trust from 323 million users is taken seriously as the business moves forward.