The top crypto exchange by trading volume is launching a new platform built with high-net-worth customers in mind.
According to a new press release, Binance will launch Binance Wealth, a platform for wealth managers.
“Binance Wealth allows wealth managers to oversee client onboarding and make investment recommendations during and after onboarding while clients maintain full discretionary control similar to traditional wealth management. You can receive strong support from
As the name suggests, the new platform is aimed at asset managers, but there is no limit to the amount of assets that must be managed in order to use the platform.
The platform aims to provide a customized trading experience to high-net-worth customers, in addition to enhanced security and compliance, as well as enhanced global reach. Binance Wealth also promises users VIP-level support and access to an account manager.
Catherine Chen, Head of Binance VIP & Institutional, said of the new platform:
“As investors around the world realize the potential of digital assets, we are responding to wealth managers and their clients seeking solutions to more easily access cryptocurrencies. Lock in capital inflows. Binance Wealth is key to bringing digital assets into the mainstream, but the traditional infrastructure for the private wealth segment to gain exposure to cryptocurrencies has long been lacking. We will reduce the barrier to entry for people to access this new asset class and help bridge the gap between cryptocurrencies and traditional finance.”
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