Binance cryptocurrency exchange announced the launch of Binance Institutional. The trading platform will focus on institutions, family offices, high net worth individuals, miners, asset managers and hedge funds.
— Binance VIP and Institutional (@BinanceVIP) June 23, 2022
The Binance Institutional product line includes:
- margin trading;
- using OTC platforms;
- algorithmic execution;
- asset management services;
- staking, savings accounts, profitable farming, auto-investing;
- rebate system;
- Invoice analytics and reporting
Binance emphasized strict compliance with regulatory requirements in every jurisdiction where the platform operates.
The company intends to obtain certifications SOC 2 and ISO-27001 are a set of standards that provide trust, security, compliance, and auditing.
Recall that in June 2022, Binance CEO Changpeng Zhao stated that crypto winter is suitable This is a great time to hire new employees and grow the business.
In April, Binance US raised $200 million in a seed round at a $4.5 billion valuation. million.
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