Leadership Shift Highlights Strategic Momentum
Binance announced on December 3, 2025 that co-founder Yi He will now serve as co-chief executive officer alongside Richard Teng. The company revealed the update during Binance Blockchain Week in Dubai, where Teng described the leadership change as a natural progression that reflects Yi He’s long history of guiding the platform’s growth.
Yi He’s Expanding Role
Yi He helped launch Binance in 2017 and played a key part in building its brand, user base, and investment arm. She later oversaw Binance Labs, which supported early stage blockchain projects. Her new role arrives as Binance approaches 300 million users, a milestone that underscores its global reach.
Under the dual leadership model, Yi He will continue to focus on user expansion, community engagement, and long term investment strategy. Richard Teng, who previously served as a regulator, will lead compliance efforts and oversee institutional operations. This combination aims to balance rapid growth with stronger governance.
Industry Reaction and Future Outlook
Many analysts view this move as Binance’s attempt to reset and reinforce its leadership following a turbulent period. The exchange navigated regulatory challenges and a major leadership change after former CEO Changpeng Zhao stepped down in 2023. Even with these pressures, Binance remains one of the most dominant players in the crypto market.
Yi He is often recognized as one of the most influential women in the digital asset space. Her promotion signals a commitment to building a more structured and transparent organization. It also reflects Binance’s plan to evolve from a simple crypto exchange into a broader financial ecosystem that operates with tighter regulatory standards.
As the company adapts to rising global scrutiny and expanding demand, the partnership between Yi He and Richard Teng may shape a more stable chapter for Binance. Their shared leadership could also influence how other major crypto firms approach governance and long term growth.
