CoinVoice has recently learned that in an exclusive interview with Anthony Pompliano, Binance founder Changpeng Zhao disclosed that Binance achieved approximately $1 billion in profit during its first year, potentially making it the first company to attain $1 billion in profit from its startup phase.

Changpeng Zhao stated that these profits were mainly realized in the first 3 to 8 months after the company's launch, particularly during the 3rd to 7th months, when Binance's trading volume peaked. He added that while some companies reached a $1 billion valuation more quickly, in terms of profitability, Binance may be the fastest startup to achieve this goal. [Original link]