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New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange

Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.

Updated Aug 21, 2024, 9:55 p.m. Published Aug 21, 2024, 8:01 p.m.
Binance CEO Richard Teng speaking to CoinDesk journalists in New York. (Jennifer Sanasie/CoinDesk)
Binance CEO Richard Teng speaking to CoinDesk journalists in New York. (Jennifer Sanasie/CoinDesk)