Mapping Binance’s globe-trotting empire
The post Mapping Binance’s globe-trotting empire appeared on BitcoinEthereumNews.com.
Since its founding in 2017, Binance has shifted its principal place of business around the world at least half a dozen times and has spun up subsidiaries in just as many countries. However, Binance has made mapping its official headquarters incredibly difficult with the company denying for many years that it even had any. Even three years into the company’s operations, founder Changpeng Zhao (CZ) claimed that his company didn’t have a headquarters “because Bitcoin doesn’t have an office.” After CZ repeatedly refused to name a primary place of business, US regulators began to complain and eventually escalated their inquiries into a criminal investigation. This ended with him pleading guilty to one criminal count and Binance itself pleading guilty to three criminal counts. The reason for avoiding the question had become clear. Now that CZ has served his prison sentence and subsequently received a presidential pardon for his crime, it’s illuminating to recall Binance’s globe-trotting endeavours as it built and maintained the world’s largest crypto exchange. Protos has mapped Binance’s relocations below and has detailed its most significant primary locations. CZ once claimed that his company didn’t have a headquarters “because Bitcoin doesn’t have an office.” China Binance was founded in China in July 2017 and raised its first major source of capital in its $15 million initial coin offering of BNB. The company owes its initial success to Chinese enthusiasm for digital assets and CZ’s experience at Shanghai-based OKCoin. Although Binance began operations in Shanghai, it fled in September 2017 due to a sudden, serious, and ultimately short-lived government hostility toward it. It had a temporary nexus of operations in Hong Kong from late 2017 through early 2018 while it worked on transitioning to Japan. Japan After fleeing China with Binance’s headquarters and servers, the team set up shop in…
Filed under: News - @ December 9, 2025 1:26 pm