Through its account on X, Binance announced another great success of the company.
The marketplace draws upon its potential dynamically for expansion everywhere in the Asia - region.
Thus, the message posted by Binance states that the company has been ranked as the leading one in the blockchain and crypto space in the Fortune Fintech Innovators Asia 2024 list which was published recently.
The exchange as expressed its appreciation to its community for all the assistance received during the period.
Binance – The Number one in Asia’s Financial Innovations for Blockchain and Crypto
The Fintech Innovators Asia 2024 publication has a comprehensive presentation that lists about 60 most dynamic and rapidly evolving financial services companies contributing to Southeast Asia becoming one of the most dynamic economies in the world.
Among the crypto exchanges or groups that have been successful in various sections, Fortune listed Binance first and the other followed as its successful competitors OKX, Coinbase, Upbit, Hashkey Group, Gate.io, Crypto.com, Ripple, Coinhacko, and Animoca Brands.
There are numerous sections however that have many different - winning fintech innovators including the following, which are often represented in the business world.
Fortune is one of the prominent publishers who began as a weekly magazine with a particular sidebar amongst American readers in the year 1929 and has survived decades.
It is very relevant in the international economic landscape because such recognition of love that is held towards Binance is a win not just for the organization but for Huawei which the magazine recognized as the premier Fintech innovator in Asia.
As noted by Fortune, Asia is a centre of financial innovation and has billions of consumers where hundreds of millions are either unbanked or underbanked.
For financial services companies, the challenge of reaching consumers in Asia is a nightmare, however, in the midst of this tough terrain for investors, entrepreneurs, and founders made up of the most aggressive in the pack like Binance have managed to report impressive traction.
A Complex Journey to Success: Binance’s Story
Having been established in July of the year 2017 by Changpeng Zhao, Binance has had what seems to be an impressive upward rhetoric curve, in part due to their fast developing services, reach out to their users and communities, and quite a considerable support for the exchange that is nearing 240 million registered users.
Binance was able to achieve all this despite being faced with major challenges along the way and owing to a resilient mindset and culture, and strong principles, massive commitment to the cause of championing Web3 ecosystem outreach and the integration of the blockchain and digital assets.
Key figures at the exchange such as co- founders of the exchange like CZ, other key members like co-founder He Yi and many others outlined the story of the exchange, their efforts, and the future with their recent 2-day presentation in Dubai during the Binance Blockchain Week where many fans were in attendance.
