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Founded in 2017 by Changpeng Zhao, Binance has rapidly grown to become the leading global cryptocurrency exchange by trading volume. The company's mission is to be the core infrastructure provider for the blockchain ecosystem. Beyond its central exchange, Binance offers a vast suite of products including a crypto wallet (Trust Wallet), a blockchain (BNB Chain), a venture capital arm (Binance Labs), a launchpad for new tokens, and educational resources. Despite its market dominance, the company has faced significant regulatory scrutiny in numerous jurisdictions worldwide.
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