Podcasts Culture Humans of Bitcoin Binance, The Fastest Unicorn - Gin Chao CSO

Binance, The Fastest Unicorn - Gin Chao CSO

Published: Aug. 6, 2019, 1:58 p.m.

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"The real story, we believe, is that Binance is probably the fastest profitable startup to achieve unicorn status (private company with $1bn+ valuation) in history. Binance is valued at not $1bn+ but closer to $2bn+. And they did it in less than 6 months. Yes, you read it right, 6 months."

What got you here, won\'t get you there. Binance continues to evolve.

They recently added Gin Chao. Among other things he will:
"oversee its global strategy, ranging from the company\\u2019s venture capital (VC) arm, Binance Labs, to its strategic fiat-to-crypto gateways, including the creation of new partnerships and banking relationships for Binance Singapore, Binance Uganda and in emerging regions such as Latin America. Chao will also create new business opportunities for Binance\\u2019s existing and forthcoming partners, as well as acquire capabilities that bridge departments company-wide."

A long career in investment banking, Gin was most recently the Vice President of Strategy and Corporate Development at the National Basketball Association (NBA) in China.

Gin is another all-star on Binance\'s global team.

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