Binance Co-Founder Yi He Addresses Token Listings After CZ’s Criticism

2025-2-11 00:05

In a recent interview, Binance co-founder Yi He addressed concerns about the exchange’s token listing process. The exchange has used similar KPI guidelines for several years, but the market is changing at a breakneck pace.

Although Binance has increased the staff that oversees token listings, it still suffers from slow response times. According to Yi, the firm needs to focus on assets that create value while absolutely rejecting corruption or shaky projects.

Yi He Talks Binance Listings

Yi He, co-founder of Binance, is one of the most influential women in the crypto industry. She currently serves as the exchange’s Chief Marketing Officer and is a powerful force within the company. Yi recently sat for a lengthy Chinese-language interview, during which she directly addressed a few concerns with Binance’s token listing criteria.

“A pressing concern may be that listing on Binance no longer delivers the same wealth effects it once did. Internally, we’ve had many discussions on this topic. For many projects, listing on Binance has become their ultimate goal, akin to going public on Nasdaq. But how can we address this issue and restore the wealth effect for users?” asked He.

Binance is one of the world’s largest crypto exchanges, and Yi acknowledged that its listings have always been important. Although Coinbase listings have recently failed to cause large gains, tokens continually spike when Binance lists them.

This follows criticism from the exchange’s former CEO, Changpeng Zhao, who labeled Binance’s listing policy as “a bit broken.” The exchange listed the TST meme coin even though CZ repeatedly clarified that it’s not a real token.

Most recently, Binance has faced significant criticism for listing low-market-cap meme coins, which often leads to pump-and-dump schemes.

Yi He said that listings are determined by ROI, market performance on other exchanges, and the ability to attract new users. However, the firm’s research indicates that investor demographics are changing, bringing new responsibilities.

In other words, even though Binance’s listing team has grown, Yi He said it nonetheless struggles with slower response times. She claimed that this market is very difficult to navigate, but market incentives are always clear and present.

Moving forward, Binance will need to prioritize tokens that create value, not shaky gains, to maintain its relevance.

If we don’t face problems head-on and work on improvements, burying our heads in the sand will only erode confidence in the entire industry. In this cycle, we’ve seen early, passionate entrepreneurs grow disillusioned, even going so far as to declare, ‘Blockchain is dead.’ Some argue that over the past 10 years, blockchain has failed to generate real value,” Yi said.

Yi also discussed a few other aspects of Binance’s business beyond its listing criteria. For one, she repeatedly emphasized Binance Labs’ independence, apparently ignoring its recent rebrand.

She also said that the firm is working hard to repair relationships with US regulators. All in all, Yi He painted a realistic yet optimistic view of the company’s future trajectory.

The post Binance Co-Founder Yi He Addresses Token Listings After CZ’s Criticism appeared first on BeInCrypto.

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 10m WCT

listings binance token addresses co-founder criticism assets

listings binance → Результатов: 120


CryptoSlate Wrapped Daily: Crypto.com CEO dismisses bank run speculation; Alameda Research held tokens before their FTX listings

The biggest news in the cryptoverse for November 14 includes Crypto dot com CEO saying his exchange accidentally transferred 320,000 ETH to Gate. io; Kraken, Coinbase, and Gate. io publishing full proof-of-reserves with liabilities, and Binance launching a recovery fund for strong projects caught up in the FTX collapse.

2022-11-15 01:51


HFT price prediction: Is Hashflow a good investment

The Hashflow price went parabolic this week as the number of exchange listings jumped. HFT was trading at $0.9530, which is about 365% above the lowest level this week. According to Binance, the coin has jumped by over 520% in the past 24 hours, giving it a market cap has jumped by more than $160 […] The post HFT price prediction: Is Hashflow a good investment appeared first on CoinJournal.

2022-11-8 14:18


Euphoria is Back Ahead of ETF Listings: Bitcoin Hits $63k and Ether Nearly $4k as NYSE Certifies “Approval for Listing”

OI on Bitcoin futures has hit a new ATH on both Binance and CME, while annualized daily basis on Binance is closing on 13%. The post Euphoria is Back Ahead of ETF Listings: Bitcoin Hits k and Ether Nearly k as NYSE Certifies “Approval for Listing” first appeared on BitcoinExchangeGuide.

2021-10-16 16:19


Binance Launches the ‘Innovation Zone’ to Justify DeFi FOMO Listings

Leading spot exchange Binance has created an “Innovation Zone” to list newer tokens. “The team has created the Innovation Zone, which will allow users to trade newer token offerings from the comfort of their Binance account, while at the same time protecting less suited users from being exposed to the “risk” that comes with trading […] The post Binance Launches the 'Innovation Zone' to Justify DeFi FOMO Listings first appeared on BitcoinExchangeGuide.

2020-9-21 16:40