April 29, 2025
Blockchain

Binance will launch a platform for institutional customers

  • June 24, 2022
  • 0

Cryptocurrency exchange Binance has announced the launch of Binance Enterprise. The trading platform will focus on institutions, family offices, high net worth individuals, miners, asset managers and hedge

Cryptocurrency exchange Binance has announced the launch of Binance Enterprise. The trading platform will focus on institutions, family offices, high net worth individuals, miners, asset managers and hedge funds.

The Binance Enterprise product line includes:

  • margin trading;
  • use of OTC platforms;
  • algorithmic execution;
  • asset management services;
  • staking, savings accounts, profitable farming, automatic investment;
  • discount system;
  • sub-brokerage;
  • account analysis and reporting.

Binance stressed strict adherence to regulatory requirements in each jurisdiction in which the platform operates.

The company aims to obtain SOC 2 and ISO-27001 certifications, a set of standards that ensure trust, security, compliance and control.

Recall that in June 2022, Binance CEO Changpeng Zhao said that the crypto winter is the right time to hire new employees and develop the business further.

In April, Binance’s American division raised $200 million at a valuation of $4.5 billion during a seed round. Recently, it became known that the firm plans to raise another $50 million.

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Source: Fork Log

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