CRYPTO / 040/100

Binance Launches

Timeline
14 JUL 2017CHANGPENG ZHAOUNCOMMON
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ORIGINAL HISTROVE ARTWORK 040 / SEASON ONE

OPEN FOR THE WORLD.

On 14 July 2017, Changpeng Zhao and a team that included colleagues from his earlier company, Bijie Tech, launched Binance. They brought experience building exchange software to a new task: operating a cryptocurrency exchange of their own.

The launch followed the BNB token sale. Binance's announcement of 8 July recorded the issuance of 100 million BNB for the ICO. BNB and the exchange were closely linked from the beginning, but the token sale and the opening of trading were separate events.

This was a small startup, not the vast institution the name would later suggest. Binance's own retrospective describes a founding team of approximately 30 people, mostly former software engineers, initially providing crypto-to-crypto spot trading.

The illustration brings that beginning back to human scale. CZ opens a glass door into an ordinary reception area: a counter, plants, ceiling lights and colleagues working beyond it. The composition draws on surviving office-tour footage, while the welcoming pose, warm light and small props are artistic staging.

Binance's first months also brought disruption. In his later account, Zhao describes the September 2017 restrictions in China and the team's departure. This card stays with the opening chapter, before that relocation and the exchange's later global growth.

Sources & the artist’s interpretation

Sources: CZ’s 2022 account ; BNB issuance announcement, 8 July 2017 ; Binance’s 2023 founding-team retrospective ; reposted office-tour footage . The scene is an artistic interpretation, not a photograph of launch day. OPEN FOR THE WORLD. is editorial wording, not a quotation. Binance marks belong to their owner; no affiliation, endorsement or rights clearance is implied. Commercial rights and physical-print review remain outstanding.