Binance, the world’s largest cryptocurrency exchange, has revealed that it achieved a remarkable $1 billion profit within its first year of operation. According to an interview conducted by Anthony Pompliano with Binance cofounder and former CEO Changpeng Zhao (CZ), the exchange secured the bulk of this profit between the third and seventh month of its launch.
CZ recounted the story behind Binance’s rapid rise, highlighting the intense personal risks he took to pursue his vision. “I sold my house and quit a safe job to go all-in. Money is not the limiting resource. Time and energy are,” he said during the interview.
This impressive level of early profitability, largely fueled by soaring trading volumes during Binance’s initial growth phase, has set a high bar for the crypto industry and created ripples across related digital assets such as BNB, BTC, and ETH.
Binance Coin (BNB), the native token of the exchange, has responded favorably to the news. Currently priced at $661.65, BNB holds a market capitalization of $93.22 billion and a 24-hour trading volume of $1.45 billion, according to CoinMarketCap data. Over the past 24 hours, BNB has climbed 0.92%, while showing an 18.07% increase over the last 90 days, reflecting renewed investor confidence.
Industry analysts believe CZ’s strategic approach will continue to influence market sentiment, regulation, and the broader trajectory of crypto-focused startups. The success of Binance’s early profitability story could serve as a new benchmark for technological innovators seeking hyper-growth in emerging markets.
July 2025, Cryptoniteuae