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Home News

Fortune Ranks Binance as Asia’s No.1 Innovator in Blockchain and Crypto

Binance showed its gratitude to the community for the support in reaching the important milestone

Rada Mateescu Rada MateescuVerified Author
Nov 07, 2024
2 min. read
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Key Points

  • Binance made the important announcement about its latest achievement via X.
  • Fortune highlights Asia as the world’s leader in financial innovation.

Binance announced via a new post on X that it has been ranked as number 1 in the blockchain and crypto space on Fortune’s Fintech Innovators Asia 2024.

The exchange also showed gratitude to its community for all the support received.

Binance – No.1 in Asia’s Blockchain and Crypto Financial Innovators

Fortune Fintech Innovators Asia 2024 revealed a list showcasing 60 of the most dynamic and fast-developing financial services companies in Asia – one of the fastest-growing regions of the world.

In the Blockchain and Crypto section, Fortune listed Binance at the top, followed by other important crypto exchanges and groups including OKX, Coinbase, Upbit, Hashkey Group, Gate.io, Crypto.com, Ripple, Coinhacko, and Animoca Brands.

Fortune also listed other important winners in selected sections of fintech innovators including the following:

  • Digital Banks
  • Insurtech
  • Payments
  • Wealthtech
Binance - no1. in Blockchain and Crypto Innovators
Binance – no1. in Blockchain and Crypto Innovators

Fintech Innovators Asia

Fortune, founded in 1929, is an American global business magazine with headquarters in NYC, USA, and it’s published by Fortune Media Group Holdings, a global business media company.

Its relevancy in the global economic space is huge, which means that there’s enormous significance in Binance being recognized as the leader in Asia’s Fintech innovators by the magazine.

Fortune noted that Asia is the world’s leader in financial innovation and home to billions of consumers, with hundreds of millions being unbanked or underbanked.

Reaching Asia consumers is a challenging task for financial services companies, but, amidst these challenging efforts for investors, entrepreneurs, and founders, some of the most dynamic companies, including Binance, have recorded noteworthy success.

Binance’s Complex Journey to Success

Founded in July 2017, by Changpeng Zhao, Binance had a strong ascendant trajectory, due to its commitment to users, fast-developing services, and support for its community and beyond, the exchange is nearing 240 million registered users.

Binance was able to accomplish all this despite all the hardships along the way, and due to a strong mindset, culture, principles, enormous efforts to support the Web3 ecosystem, and adoption of blockchain technology and digital assets.

Important names at the exchange, including CZ, co-founder He Yi, and others highlighted the exchange’s story, efforts, and future plans during the recent 2-day event in Dubai, Binance Blockchain Week.

Tags: Binance

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