Binance CEO Richard Teng Discusses Strategic Hiring Surge and its Alignment with Company Goals

During his appearance on Binance Square Audio live, Richard Teng, CEO of Binance, elaborated on the company’s substantial hiring efforts this year, which have seen the addition of over 1,000 new employees. These hires, Teng explained, are strategically aligned with Binance’s commitment to pushing global crypto adoption, building a robust platform, and delivering top-tier support to its users.Strategic Focus Behind the Hiring SurgeTeng emphasized that this significant expansion in the workforce reflects Binance’s unwavering dedication to the cryptocurrency industry. “Our robust hiring demonstrates our commitment to the industry, our mission to push global crypto adoption, and our focus on building the best platform for our users,” Teng stated. He also revealed that Binance still has 500 roles open, with potential for even further expansion as the company continues to scale.The new roles span across various critical areas, including technology operations, compliance, and customer support—sectors that Binance prioritizes to ensure a seamless and secure user experience. “We place huge emphasis on these areas as they are crucial for supporting our growth and maintaining a strong foundation,” Teng noted.Balanced Approach to Team BuildingTeng also highlighted the balanced approach Binance has taken in building its team. The hiring strategy includes a mix of 10% senior roles and 40% early-career positions, ensuring that the company not only benefits from experienced leadership but also nurtures new talent that can grow within the organization. “This balanced approach allows us to support our growth while laying a strong foundation for the future,” Teng explained.