https://everipedia.org/wiki/binance/

CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai​; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info​ as the third member of the cryptocurrency​ digital wallet's team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets.[3]​

The company was founded in China but moved its servers and headquarters out of China and into Japan​ in advance of the Chinese government ban on cryptocurrency trading in September 2017.[4]​

By March 2018 the company had established offices in Taiwan.[3]​ As of January 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion.[5]​

In March 2018, Binance announced its intentions to open an office in Malta​ after stricter regulations in Japan and China.[6]​ In addition, Binance plans to move to Jersey to expand its European influence, having achieved a exchange license there, and plans to add fiat pairs including the Euro​ and the Pound sterling to its supported currencies.[7]​

In August 2018, Binance along with three other big exchanges raised $32 million for a stable coin project. The idea of stable coins is to provide a cryptocurrency without the notorious volatility of Bitcoin and other popular digital assets.[8]​[9]​