Binance will launch a platform for institutional clients

Binance will launch a platform for institutional clients

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.

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;
  • sub-brokerage;
  • 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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