
Binance CEO Richard Teng announced this week that the crypto giant has seen a 40% increase in corporate and institutional investors over the past year. In an interview with CNBC, Teng also touted Binance’s 225 million userbase, which he says is exponentially growing.
“The first hundred million took us five years to onboard,” Teng said. “The next hundred million took us two years and the pace of adoption is going to be much faster.”