Binance VIP & Institutional

We’re excited to introduce #Binance Wealth, the world’s first crypto exchange solution purpose-built for wealth managers to unlock the potential of digital assets. Modeled on traditional frameworks, Binance Wealth empowers wealth managers with secure and intuitive tools to bring crypto to their high-net-worth clients and oversee their investments – all in one place, on the world’s largest and most trusted digital asset exchange. Learn more: https://lnkd.in/d_7W7Qyk

On September 18, 2024, the U.S. Federal Reserve cut the federal funds rate by 0.5%, the first reduction since March 2020, followed by another 0.25% cut in November, signaling a new rate-cutting cycle. Lower interest rates make borrowing cheaper and reduce the cost of existing debt, pushing market participants to seek higher returns in other assets. The recent rate cuts aim to boost the economy, historically lifting equities, impacting commodities and bonds, and driving strong crypto performance. #Binance Research's Shivam Sharma breaks down the Fed's historical rate cuts, major economic indicators to look out for, and what to expect next. Read the full report: https://lnkd.in/gRpRCHPF

"A lot of trading desks that, in the past, were just trading commodities, stocks and bonds, are now adding a crypto desk to their platform," #Binance CEO Richard Teng commented in a recent Bloomberg interview. With more regulatory clarity and governments exploring the possibility of adding bitcoin to their natural reserves, institutions are increasingly warming up to the viability of the crypto asset space as a strategic addition to their portfolios. "Corporate onboarding on Binance has more than doubled compared to last year," Teng added, further highlighting the surge of institutional interest in gaining exposure to crypto assets. Watch the full interview: https://lnkd.in/g8ExQCJA

To capitalize on evolving market dynamics, #Binance high-net-worth and institutional clients benefit from a variety of flexible and tailored solutions to raise liquidity. Whether for routine or large-scale borrowing, contact our team to discover how each of our services best suits your profile. https://lnkd.in/dUNpzE2M

Between October 7 and November 15, #Binance's 30-day trading volumes (spot and derivatives) reached $3.5 trillion, outpacing major traditional stock markets such as the NYSE and NASDAQ. Amid bullish market sentiment across all segments, this signals unprecedented levels of interest from institutions ready to capitalize on the potential of cryptocurrencies as a sought-after asset class to incorporate into their portfolios. This also serves as a testament to our clients' confidence in our platform to manage their digital asset investments with the deepest liquidity. The convergence between traditional and crypto markets has never been more pronounced.

Institutions navigating the ever-evolving world of digital assets recognize the importance of transparency and accountability in the platforms they entrust with their investments. Addressing this resounding need, and amid our industry's rapid maturation, #Binance has significantly enhanced its compliance efforts - increasing its spend on compliance programs by 36% in 2023, with plans to have 645 full-time compliance staff by year-end, up 34% YoY. In an interview with CoinDesk, Binance Chief Compliance Officer Noah Perlman shared: "Our industry has entered a paradigm shift and new phase of maturation where regulatory compliance is an essential standard to user experience and protection, business success, and responsible growth. Binance has matured alongside regulators and other players throughout the years, and the continued growth of our compliance team and program are a testament to that and this shift in our industry which is set for strong sustainable growth." Source: https://lnkd.in/gGtM6eQ3

#Binance TH by Gulf Binance hosted a private event in Bangkok last week for institutions. Attended by Deputy Minister of Finance, Mr. Julapun Amornvivat, the event addressed the wider economic landscape in Thailand and across Asia-Pacific, including regulatory developments, the outlook on digital assets, and leading crypto education with Binance Academy.

Binance's #bitcoin reserve market share has surpassed 40% among all global cryptocurrency exchanges with Proofs of Reserve (PoR). This significant milestone not only highlights Binance's leading position as the platform of choice for investors to manage their digital assets, but also underscores our commitment to building innovative solutions that meet our clients' crypto asset needs, regardless of market cycles. More details on our Proof of Reserves: https://lnkd.in/gr2axgX2 Source: CryptoQuant

Last week underscored the increasing institutional embrace of cryptocurrency, marked by the restructuring of U.S. regulatory leadership, the entry of new participants in the ETF race, and the launch of bitcoin strategic reserve initiatives, among other developments. Here are 5 key takeaways from #Binance Research’s market insights: 1️⃣ U.S. Regulatory Leadership Overhaul: Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, will step down on January 20, 2025, as President-elect Donald Trump takes office. Following the resignation of Gurbir Grewal, former SEC's Enforcement Director, Gary Gensler’s incoming departure signals a shift towards a more crypto-friendly approach under the new administration. 2️⃣ MicroStrategy's $3-Billion Raise: Completed through 0% convertible senior notes due December 2029, this move strengthens the firm’s capital structure, offers flexibility, and unlocks growth opportunities via debt conversion, with plans to use the proceeds to acquire more Bitcoin. 3️⃣ Solana ETF Race: Crypto index fund manager Bitwise filed for a Solana ETF Trust in Delaware with the U.S. SEC on November 20, 2024, joining VanEck and Canary. This move follows Bitwise's Q1 launch of its Bitcoin ETF (BITB), which swiftly exceeded $1 billion in assets within five weeks, placing it among the top 25 fastest ETFs to achieve this milestone. 4️⃣ Gold to Bitcoin: Wyoming Senator Cynthia Lummis is advocating for the U.S. Treasury to convert a portion of its gold holdings into Bitcoin to establish a strategic reserve. Her plan involves acquiring 5% of the total Bitcoin supply, or 1 million BTC, to be held for 20 years, costing around $90 billion at current prices. She argues this move would keep the balance sheet "neutral," avoiding a direct $90 billion expenditure. 5️⃣ BlackRock Endorses U.S. Bitcoin Reserve: BlackRock's support for a U.S. strategic Bitcoin reserve marks a significant financial shift. This endorsement could lead other institutions to adopt bitcoin as a reserve asset, highlighting cryptocurrency's growing role in mainstream financial strategies. Explore the complete list of Weekly Market Highlights from Binance Research:  https://lnkd.in/gVY53qg4

"The more banks offer crypto, the better for the industry" shared #Binance Head of Regional Markets Vishal Sacheendran in a recent interview with Cinco Días. Addressing the benefit of increased competition for crypto services to continue broadening user access, Vishal highlighted Binance's strategic focus on providing market-leading user experiences, community engagement and regulatory expansion as key drivers for growth towards 1 billion registered users. For institutions, rising interest in crypto assets such as #bitcoin, and blockchain use cases for tokenization, present new opportunities for innovation and investments. As regulatory frameworks like MiCA emerge, Vishal added, investors can expect a more structured and legitimate environment for crypto engagement, positioning Binance as a pivotal player in this evolving landscape.