Binance has marked its ninth anniversary by claiming that nearly half of all cryptocurrency holders now use its platform, alongside a cumulative trading volume of $156 trillion.
The exchange is using the milestone to underscore its evolution from a pure crypto trading venue into a broader multi-asset financial infrastructure provider.
The announcement comes as Binance co-CEO Richard Teng has previously emphasized the company's push for additional regulatory licenses across Asia.
The announcement comes as Binance co-CEO Richard Teng has previously emphasized the company's push for additional regulatory licenses across Asia.
Teng has framed blockchain technology as the future of financial services, suggesting that the exchange's growth metrics reflect a broader institutional and retail adoption trend rather than speculative volatility alone.
However, the industry backdrop remains complex.
While Binance highlights user growth, the wider digital asset ecosystem continues to grapple with significant security challenges.