CZ: Binance achieved a profit of approximately $1 billion in its first year of establishment

2025-07-07 05:46

Odaily Planet Daily News: In an interview with Anthony Pompliano, CZ, the founder of Binance, revealed that Binance achieved a profit of approximately $1 billion in its first year of establishment, potentially becoming the first company to achieve a profit of $1 billion from the start-up stage. CZ stated that these profits were mainly realized within the first 3 to 8 months after the company went online, especially during the period of 3 to 7 months when Binance trading volume reached its peak. He added that although some companies have reached a valuation of $1 billion faster, from a profit perspective, Binance may be the fastest startup to achieve this goal.

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