Crypto: Binance Says NO to the Stock Exchange and Recruits 1000 Talents!

Under the leadership of Richard Teng, Binance adopts a long-term vision without an IPO, aiming to thrive for the next 50 to 100 years. At the same time, the company is launching a massive recruitment campaign for nearly 1,000 positions, thus strengthening its commitment to innovation and growth in the crypto ecosystem.

Crypto: Richard Teng reveals Binance’s long-term strategy!

Binance’s new CEO, Richard Teng, recently expressed his long-term vision for the company, stating that he does not see the necessity of an initial public offering (IPO). According to Teng, the main objective is to build a sustainable company that will thrive for the next 50 to 100 years. Additionally, Binance has recovered more than 4 billion dollars of digital assets for its users.

“It is really about building a sustainable company that will not only succeed in the coming years but will continue to thrive for the next 50 to 100 years,” he said.

This long-term approach aligns with Binance’s overall strategy, which aims to strengthen its leadership position in the crypto sector. By avoiding an IPO, Binance retains greater flexibility and independence, allowing it to quickly adapt to market changes and continue innovating without the constraints imposed by public shareholders.

Vast recruitment campaign 

Alongside this ambitious vision, Binance has also announced a significant recruitment campaign. The crypto company plans to hire nearly 1,000 new employees to support its continuous growth and address the growing demand for its services. These new positions will cover various fields, including business development, customer support, data research, engineering, marketing, and many others.

This massive staff expansion reflects Binance’s commitment to investing in its human capital to maintain its competitive edge. By recruiting diverse talent and strengthening its teams, Binance, which has surpassed the 200 million user mark, positions itself to seize opportunities in the dynamic crypto sector.

Under the leadership of Richard Teng, Binance adopts a visionary approach to ensure its long-term sustainability. With a clear strategy and significant expansion, Binance also invests in US Treasury bonds to diversify its assets and strengthen its position in the crypto market.