Binance released its 2022 year-end review report, summarizing the key facts, statistics, and developments of Binance's huge ecosystem. In terms of trading, the average daily trading volume of the Binance platform reached US$65 billion, and a total of 3.8 billion transactions were processed. Binance NFT has more than 600,000 users per week.
Highlights include:
1. Obtained licenses, registrations and approvals in 14 jurisdictions by the end of 2022. Increased the size of the security and compliance team by 500%, attracting some of the best talent in the industry.
2. After a series of shocking bankruptcies in the cryptocurrency space, the harsh macroeconomic environment did not help improve public sentiment and worked hard to build and restore trust in Binance and the entire ecosystem.
3. Continue to support peers who seek to make a positive, lasting impact on the space and create value for end users. Through Binance Labs, we have invested more than $500 million to support Web3 and blockchain innovation, launched the fifth season of the incubation program, approved or completed 14 strategic M&A transactions, and 61 token venture capital transactions.