Binance, The Fastest Unicorn - Gin Chao CSO

We speak with the Chief Strategy Officer of Binance in an effort to uncover the philosophy and strategy behind the world's #1 exchange by volume.

Matt Aaron

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About the Episode

"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 as their Chief Strategy Officer. Among other things he will:
"oversee its global strategy, ranging from the company’s 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’s existing and forthcoming partners, as well as acquire capabilities that bridge departments company-wide."

Gin was most recently the Vice President of Strategy and Corporate Development at the National Basketball Association (NBA) in China.

Listen and get an inside look at CZ, Binance, and their continued plans for growth.

Mentioned in the episode:
Binance Announces Former NBA and Dell Corporate Development Executive as Strategy Officer
Crossing the Chasm

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

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