$BNB Binance founder and former CEO Zhao Changpeng (CZ) revealed that the cryptocurrency exchange made a profit of $1 billion in its first year of operation, possibly making it the first company in history to reach this figure in such a short time. This revelation was made during an in-depth interview on The Anthony Pompliano Show.

In his conversation with host Anthony Pompliano, CZ explained how Binance's explosive growth during 2017—the peak of the initial coin offering (ICO) frenzy—propelled the exchange to the top of the global crypto trading ecosystem within months of its launch. 'We made about $1 billion in the first year,' CZ said. 'That's insane. I don't know of any other startup that has done that.'