During periods of volatility and pressure on the market, the impact felt by the entire industry naturally also affects Binance. This reflects the broader challenges our sector must face in its evolution. As the crypto ecosystem expands and becomes more complex, expectations continue to grow – particularly regarding governance, risk management, and accountability.
As a global leader in the industry, we set high standards for ourselves and continuously work to improve and adapt, always seriously considering feedback from our community and the public at large.
In 2025, as part of Binance's ongoing investment in the development of the industry, we undertook the following initiatives focused on risk control, compliance cooperation, and strengthening the ecosystem:
Recovery of incorrect deposits: In 2025, Binance helped users recover incorrect deposits in 38,648 cases, totaling $48 million. To date, Binance has enabled the recovery of a cumulative amount exceeding $1.09 billion.
Risk control and user protection: We supported 5.4 million users throughout the year in identifying potential risks, thus preventing an estimated total of approximately $6.69 billion in losses related to scams.
Combating illegal activities and cooperation with authorities: We collaborated with international law enforcement agencies to combat illicit activities, allowing authorities to seize $131 million in illegally acquired funds.
Token listing distribution and ecosystem diversity: In 2025, Binance's Spot listing program covered 21 public blockchains, primarily ETH, BSC, and SOL (32, 18, and 9 projects respectively). Among these 21 blockchains, 13 were launched during the year, some dedicated to payments, gaming, social networks, and other uses.
Asset transparency and reserves: At the end of 2025, Binance's proof of reserves demonstrated that user assets are fully secured at approximately $162.8 billion, covering 45 different crypto assets.
When questions or concerns arise, we respond with action. Through these efforts, we aim to support the sustainable growth of the industry in the long term.
Guided by our belief that BTC is the core asset of the crypto ecosystem and embodies long-term value, Binance will continue to support the sector through market cycles and uncertainty by continuously investing resources in the crypto ecosystem. As a result, Binance will convert the stablecoin reserves of the SAFU fund valued at $1 billion into bitcoin reserves, with a conversion target within 30 days following this announcement.
Binance will conduct regular rebalancing of the SAFU fund based on monitoring its market value. If the fund's valuation were to fall below $800 million due to fluctuations in BTC price, Binance would then rebalance the fund to restore its value to $1 billion. This initiative is part of Binance's commitment to support the long-term development of the sector; we will continue these efforts and keep the community informed.
Binance will continue to address market concerns through concrete actions, actively participating and fostering the development of the industry according to the principles of openness, transparency, and long-term commitment.
Finally, we thank the Binance community, our users, and the Binance Angels for your continued support and trust in Binance.