Net worth

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    Binance boasts a market capitalization of about $1,4 Billion. The person with the most stake in the coins of Binance is the founder, Changpeng Zhao (Also known as CZ), who currently has a net worth of $1.2 Billion.

    Binance currently is the largest cryptocurrency exchange in the world that was established in under 180 days and has a $500 million trading volume every day and a claim of about 25% of the market.

    Although the company did take a huge hit during the cryptocurrency bear market, with all profits lowering from $150 million each quarter to $50 million each quarter.

    Answered on August 7, 2019.
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