The world’s largest cryptocurrency exchange, Binance, has unsurprisingly been named on the first ever Fortune Crypto 100 list in the centralized finance (CeFi) category.
The Fortune Crypto 100 list, replaces Fortune’s earlier “Crypto 40” list, and spans ten categories including traditional finance, decentralized finance, venture capital, mining, stablecoins, and digital asset trading.

Fortune’s Crypto 100 ranking was independently compiled by the Fortune Crypto editorial team, informed by a survey of over 200 crypto professionals alongside financial and technical analysis from Inca Digital.
Organizations that qualified for multiple categories on the list are placed where they ranked highest. Scores on the list were determined after taking on-chain activity, security infrastructure, the company’s track record in terms of compliance and its global media footprint into consideration.
Binance, the world’s largest digital asset exchange by trading volume, that serves more than 320 million registered users in over 100 countries, secured a spot on the list in the CeFi category.
Across other categories like TradFi, fintech, venture capital, stablecoins, blockchains and protocols, and digital asset treasuries and ETFs, Franklin Templeton, Robinhood, Andreessen Horowitz, Tether, Bitcoin (BTC), and BlackRock (NYSE: BLK) hold the top spots respectively.
Binance’s retail trading volume surged 125% year over year in 2025, while institutional trading grew 21%. It processed nearly half of all global Bitcoin and Ethereum trading volume on most days throughout the year.
Alongside the Crypto 100, Fortune also debuted the Fortune Crypto Innovators list, which recognized 30 emerging firms across Asia-Pacific, Europe, Latin America, and Africa.
Binance is actively expanding its global lead among crypto exchanges beyond digital assets into traditional financial products as part of its vision to build a comprehensive financial “super app.”
The company launched U.S. stock trading through its ADGM-licensed broker-dealer, Nest Trading Limited, with the clearing handled by Alpaca. The stock trading offering surpassed $400 million in assets under management (AUM).
More than 80% of direct stock trading volume came from emerging markets, and approximately 25% of stock users were under 25 years old. Nearly 40% of trades were under $100, and users were able to start investing with as little as $5 through fractional shares.
Over 1,100 assets were traded in the first week, with the information technology leading sector allocation at 57% and semiconductors and hardware capturing roughly 44% of total inflows. Notable traded names included Marvell (MRVL), Alphabet (GOOGL), Nvidia (NVDA), Nokia (NOK), and Intel (INTC).
Binance also introduced perpetual futures contracts. Within 18 days of launch, these products attracted participation from users across more than 130 nations and $2.1 billion in cumulative trading volume.

