Almost all of Binance employees receive their salaries in the form of BNB tokens, according to TechCrunch’s Michael Arrington.
According to Arrington, Binance CEO Changpeng Zhao told him that 90 per cent of the exchange’s workers opt to get their wages in BNB, tweeting: “Just one of the interesting things “cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people.”
This is better publicity than Binance could ask for, suggesting that employees believe in the crypto enough to go all in with their own finances.
Last week we considered whether TechCrunch and Binance were going into business together, after Zhao and Arrington posted what seemed to be matching photos of a work/sleep space in Lichtenstein, with the former tweeting:
“Lol, if I posted this photo (my own photo, probably just a couple hours apart from yours), is it too much of a coincidence? And reveal too much?”
Binance has had no trouble making headlines in 2018, as it has become the world’s biggest crypto exchange by trade volume, and Zhao said earlier this sumer that he expects a net profit of between $500 million and $1 billion by the end of the year.
The company is also close to launching its new decentralised exchange, Binance Chain, for which a teaser video was released online this month.