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Binance Appoints Yi He Co-CEO Amid Leadership Changes

12/6/2025

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Story summary
  • Binance appointed Yi He as co-CEO alongside Richard Teng.
  • Yi He co-founded Binance with Changpeng Zhao (CZ) in 2017 and is Zhao's life partner.
  • The move followed the pardon of Binance founder Changpeng Zhao (CZ) by U.S. President Donald Trump for his money laundering guilty plea.
  • The leadership shift signals Binance's strategy to navigate the evolving crypto landscape under a more insider-driven approach.