At Dubai Blockchain Week, a major bombshell was dropped—one of the top exchanges pulled off an unprecedented move: the official launch of a dual-CEO structure.

The current head announced it on the spot, with the co-founder (known in the industry as Ms. Y) being directly promoted to co-CEO. This isn’t just a nominal title, but a real power restructuring: one will continue to tackle compliance, government relations, and institutional business, while the other takes full control of product, community, marketing, and investment incubation. The division of labor is so clear it makes you wonder if they rehearsed in advance.

A few numbers are worth pondering:
- Global registered users are approaching the 300 million mark (to be exact, 299.4 million)
- Nearly 50 million new users were added in the past year
- The long-term goal? To bring crypto finance to 1 billion people

The newly appointed co-CEO put it plainly: “We want to make Web3 infrastructure as smooth as scrolling TikTok—so easy your mom can use it without any barriers.”

Interestingly, the entire press conference didn’t mention the former founder at all. The previous market rumors about “a certain big shot possibly returning through special channels” can now be considered thoroughly dead—at least in the short term, that legendary figure won’t be appearing in any executive role.

Is this move a strategic upgrade or a power transition? Can a user base of 300 million really support the ambition for 1 billion? Either way, this is a bold play—one that will keep the whole industry guessing for a while.