Share this article
Binance Hires Former GE, Edelman Exec as First Chief Communications Officer
The move comes as regulators around the world have recently been scrutinizing Binance’s operations.
Updated May 11, 2023, 5:46 p.m. Published Oct 28, 2021, 1:17 p.m.
Binance, the largest cryptocurrency exchange by daily trading volume, has hired former General Electric and Edelman executive Patrick Hillmann as its first chief communications officer, the company announced Thursday.
- Binance said Hillmann will be responsible for leading its global communications and public affairs division as the exchange continues to grow.
- Hillmann will oversee Binance’s corporate communications, public affairs and media relations. He will also work with Binance’s compliance and security leaders.
- Prior to joining Binance, Hillmann was the global head of innovation at Edelman’s crisis and risk practice, where he led the PR giant’s cybersecurity and counter disinformation offerings. Before his tenure at Edelman, Hillmann held senior government affairs and public affairs positions at General Electric and the National Association of Manufacturers.
- The new hire comes as regulators around the world have recently been scrutinizing Binance’s operations.
- “As we continue our evolution from a disruptive tech startup to a respected global financial institution, we recognized that it was paramount that we recruit leading compliance, communications and government affairs experts,” said Binance co-founder Yi He, in a statement.
- Binance CEO Changpeng Zhao (CZ) added: “We’re working hand-in-glove with regulators around the world toward our mutual goal of protecting users, encouraging innovation and further establishing the industry. Patrick’s fifteen years of experience working on global regulatory issues, such as GDPR [General Data Protection Regulation], will be critical in advancing that work.”
Read more: Binance Not Authorized to Operate in the Cayman Islands, Regulator Says
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Stablecoin Adoption Is ‘Exploding' — Here's Why Wall Street Is Going All-In
Alchemy co-founder and president Joe Lau said stablecoin adoption is exploding as banks, fintechs and payment platforms push beyond the USDT/USDC exchange era.
What to know:
- Stablecoin usage is quickly broadening from crypto-native exchanges into payments, payroll and treasury as companies chase 24/7, digital-native settlement, according to Alchemy Co-founder and President Joe Lau.
- Banks are pushing tokenized deposits as a regulated, bank-native alternative that delivers stablecoin-like benefits for institutional clients.
- The endgame is a two-track system — stablecoins for open, two-party settlement; deposit tokens for bank ecosystems, until scale forces convergence and competition, Lau said.
Top Stories
