#BinanceTurns8

Binance, founded by Changpeng Zhao (CZ) and Yi He in 2017, rapidly evolved from a crypto-to-crypto exchange to a sprawling blockchain ecosystem. Initially launched with an ICO for its native BNB token, it quickly gained prominence for its high-speed trading and user-friendly interface.

Key milestones include the introduction of Binance Coin (BNB), the launch of its own blockchain (Binance Chain, later BNB Smart Chain), and expansion into diverse services like staking, DeFi, NFTs, and a venture arm (Binance Labs). Despite regulatory challenges and leadership changes, Binance has maintained its position as a dominant force in the global crypto landscape.