According to the latest announcement from Changpeng ‘CZ’ Zhao, we should expect more employees to come to Binance.
Crypto exchange Binance has announced, through its CEO, that the mammoth cryptocurrency trading spot will keep growing this year. In regards to the company’s headcount, the growth goals are somewhere between 15 per cent and 30 per cent. As stated by Changpeng Zhao, the Binance group managed to grow from 3,000 people to approximately 8,000 last year. CZ made this announcement while attending a conference in Saint Moritz, Switzerland.
Among the plans made for this year, Binance mentions wishes to improve its technology and to turn its growing crypto exchange operations into a more efficient business. Last but not least, the crypto exchange wishes to continue investing in customer support.
As declared by CZ, Binance has one business arm that currently performs quite well. However, he is not confident that this particular business line will last indefinitely. He compared this situation with the one Kodak experienced. CZ stated that Binance wishes to disrupt itself rather than expect for other people to drive it out of business.
The Binance CEO also made predictions about the future of the industry, stating that in the next 10-15 years we will observe a new decentralized crypto exchange which will be larger than Binance currently is.