Binance announced Jeff Li as its new Vice President of Product during Dubai Blockchain Week, strengthening its commitment to Web3 development and innovation.
Li brings over 16 years of product leadership experience across Web2 and Web3 sectors. In his new role, he will spearhead Binance's product and design teams, focusing on expanding the company's blockchain solutions and improving their accessibility.
Strategic Leadership Background
Before joining Binance, Li served as Vice President and Global Head of Centralized Finance (CeFi) Product at a major cryptocurrency exchange, where he managed retail, institutional finance, and AI initiatives.
His impressive career includes leadership positions at prominent tech companies:
- TikTok: Led the Money and Compliance Platform
- Instagram: Contributed to product development
- Twitch: Drove platform growth
- Oracle: Advanced large-scale product initiatives
Richard Teng, Binance CEO, expressed enthusiasm about the appointment: "We are thrilled to welcome Jeff to the Binance team. His extensive experience in product development from world-renowned tech companies demonstrates his ability to deliver innovative solutions."
Vision for Product Development
In his new position, Li will oversee Binance's product strategy across:
- Trading platforms
- Payment solutions
- Web3 initiatives
"My primary motivation has always been to create products that both excite and benefit people," Li stated. "This passion made joining Binance a natural choice for me."
Li emphasizes the potential of combining blockchain with AI to enhance financial accessibility and integrate crypto into daily life. "As an industry leader, Binance is uniquely positioned to unlock this potential and demonstrate its benefits to users," he added.
The appointment reinforces Binance's dedication to advancing blockchain technology and expanding its global applications.