Binance Co-Founder Yi He Confirmed as Co-CEO, Declares Leadership Transition from CZ
At Binance Blockchain Week’s closing event, He Yi affirmed her new co-CEO role, marking a decisive leadership shift following Changpeng Zhao’s departure from daily operations.
Fact Check
The provided sources unanimously and consistently confirm the statement's truthfulness. Multiple official communications from Binance (its corporate blog, community page, and 'Square' platform) directly announce Yi He's appointment to the role of co-CEO. This is independently corroborated by reports from high-authority news organizations like Reuters and Fortune, as well as respected industry-specific outlets such as The Block and CoinDesk. Crucially, several sources explicitly link this appointment to the leadership transition following Changpeng Zhao's (CZ) departure. They frame it as a key part of the 'new leadership configuration' under Richard Teng, who took over as CEO from CZ. There is no conflicting or contradictory evidence among the sources provided. Every piece of evidence directly supports both elements of the claim: the appointment itself and its context as part of the leadership change.
- Reference: 1
Summary
Binance announced the official appointment of co-founder He Yi as co-CEO at the closing of Binance Blockchain Week. During the event, she declared, “CZ is history, I am the future,” underscoring a leadership transition after Changpeng Zhao stepped away from executive duties. The move formalizes Yi He’s role in steering Binance’s strategic direction while CZ focuses on broader industry representation.
Terms & Concepts
- Co-CEO: An executive role in which two individuals share the responsibilities of a chief executive officer.
- Binance: One of the world’s largest cryptocurrency exchanges, offering digital asset trading and related services.