Richard Teng, the new helmsman of Binance, draws a blueprint for a century-long foundation
With Richard Teng officially taking over as CEO of Binance, the world's leading cryptocurrency trading platform is entering a new era of stability and foresight. In a recent in-depth interview, Mr. Teng, with his profound insight and firm belief, outlined for us the grand blueprint of Binance's next 100 years.
In the face of the IPO topic that the market generally pays attention to, Mr. Teng made it clear that Binance has no such plan at present. He emphasized that the company's financial situation is solid and there is no need to support development through listing financing, but to focus more on building a long-term strategy for sustainable development. This decision not only demonstrates Binance's confidence in its own strength, but also reveals its deep understanding and grasp of market trends.
When talking about the role change of former CEO CZ, Mr. Teng expressed his recognition of Zhao Changpeng's contribution and pointed out that He Yi continued to participate in the company's affairs as a key member to ensure the continuity and stability of the team. At the same time, he also frankly reviewed the detours that Binance has taken in terms of compliance, and promised to learn from this and continue to strengthen compliance construction to lay a solid foundation for the company's long-term development.
Mr. Teng is leading Binance to transform from a founder-driven to a board-led governance model. This change not only means the optimization and upgrading of the company's management structure, but also reflects Binance's pursuit of standardized and transparent management. He firmly believes that only through such a transformation can Binance maintain its leading position in the competition in the global market and achieve the grand goal of a century-old foundation.
When talking about the market layout, Mr. Teng said that although Binance has a wide influence worldwide, the company has not ignored any potential market opportunities. He revealed that Binance is actively looking for markets outside the United States to expand its global business with a more flexible and diversified strategy. This global vision and ambition will undoubtedly bring more development opportunities and growth space to Binance.
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