Binance Dubai

Binance was founded in 2017 by Changpeng Zhao. The company raised its first major source of capital in its $15 million initial coin offering of BNB. Although Binance began operations in Shanghai, it fled in September 2017 due to a sudden, serious government hostility toward it. The company operates in the cryptocurrency exchange and blockchain ecosystem sector, offering trading, finance, education, research, payments, and institutional services.

Binance has a strong footprint in the Emirates, with a crypto license in Dubai, a $2 billion investment from an Emirati venture fund in March 2025, and 1,000 staff in the country that same month. In June 2023, Binance received a VASP license in Dubai, and later on April 18, 2024, Binance received full operational license in Dubai. Binance operates as a remote-first company with more than 5,000 employees working from almost 100 countries.

In December 2025, the world's largest crypto exchange made an announcement that indicates it has chosen Abu Dhabi, the capital of the United Arab Emirates as a location, having secured three global financial licenses within Abu Dhabi Global Market. In 2025, the UAE government's sovereign-wealth fund Mubadala bought a $2 billion stake in Binance, and later that year Abu Dhabi's financial regulator allowed Binance to operate from Abu Dhabi.

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