[Binance 2025 Co-CEO Open Letter Reveals Global Users Surpass 300 Million] On December 31, Binance released the 2025 year-end open letter from its Co-CEOs, revealing that its global user base has surpassed 300 million, with an annual trading volume reaching $34 trillion. The letter highlighted that retail trading volume increased by 125% year-over-year, while institutional trading volume grew by 21% year-over-year. Nearly half of the global BTC and ETH trading volume took place on the Binance platform. Binance also stated that its Web3 business continues to grow, with over 60% of mainstream on-chain transactions in the past year completed via Binance Wallet. The Alpha 2.0 product achieved a cumulative trading volume exceeding $1 trillion, with 17 million users participating in on-chain project exploration and receiving approximately $780 million in airdrop rewards. Additionally, Binance disclosed that through its proof of reserves, it publicly verified user asset balances totaling $162.8 billion, intercepted $6.69 billion in risky funds, and obtained 29 global compliance and security certifications.