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Binance, the global blockchain ecosystem responsible for the world's largest digital asset exchange platform by trading volume and users, announced today on the stage of Binance Blockchain Week that its co-founder, Yi He, has been appointed co-CEO.

"Yi has been an integral part of the executive leadership team since Binance's launch. Her innovative and user-centric approach has been instrumental in defining the company's upward vision, culture, and business strategy," said Richard Teng, CEO of Binance. "This appointment is a natural step, and she will continue to successfully lead the organization."

We remain committed to being the most reliable and regulated exchange platform in the world, always prioritizing our users. Yi plays a fundamental role in the growth of our community and drives product innovation as we work to reach a billion users. Together, we focus on building the infrastructure of Web3 and promoting financial freedom, empowering individuals to participate in a more open and fair financial system — added Richard.

"It is an honor for me to build alongside Richard, who brings decades of experience in regulated financial markets and was one of the first to regulate cryptocurrencies in their early days," declared Yi He. "Together, we bring diverse perspectives and are confident in leading the future of the industry during this crucial moment, while responsibly expanding our global presence and driving sustainable innovation, always prioritizing our users."