January 19 (ChainDD) Binance has released its 2022 "End-of-Year Report', which summarized key facts, statistics and developments from Binance's vast ecosystem.

In terms of transactions, Binance's platform has an average daily transaction volume of $65 billion and handles 3.8 billion transactions in total. Binance NFT has more than 600,000 users a week.

Binance has been licensed, registered and approved in 14 jurisdictions by the end of 2022 and has increased the number of people in its security and compliance team by 500%, taking on some of the best talent in the industry.

Binance has worked hard to build and restore trust in the exchange and even the ecosystem as a whole after a series of shocking bankruptcies in the cryptocurrency space.

Binance will continue to support peers who seek to make a positive, lasting impact on the space and create value for end users. Through Binance Incubator, Binance has invested more than $500 million to support Web3 and blockchain innovation, initiated its fifth season incubation program, approved or completed 14 strategic M&A transactions, and 61 token venture capital deals.