Binance Unveils Flagship Platform for VIP and Institutional Customers

  • As revealed, Binance intends to reach managers of corporate assets, well-to-do individuals, miners, liquidity providers, brokers, trading firms, and a host of other institutions.

Binance has unveiled a corporate flagship network to better satisfy its VIP and institutional customers. According to Binance, the move becomes necessary to advance the services rendered to its corporate and heavyweight customers.

As revealed, Binance intends to reach managers of corporate assets, well-to-do individuals, miners, liquidity providers, brokers, trading firms, and a host of other institutions. With the new platform, Binance intends to provide the aforementioned customers with over-the-counter (OTC) services, asset management and custody, broker program, and liquidity program.

More so, the renowned crypto exchange intends to avail corporate-oriented products and services to the listed customers. As revealed, the products and services to be offered include data, and reporting, customized trading solutions, yield products, and a host of others. According to Binance, its new flagship platform will effectively cater to the emerging demands and needs of the customers without any hitches.

Binance initiating series of investments amidst crypto downfall

Despite the prevailing downturns in the crypto market, Binance has continued to initiate a series of exclusive investments, particularly in expertise, acquisitions, and network advancement. Recall that the crypto exchange yesterday also announced a multi-year partnership with a 5 times Ballon d’Or winner and football legend, Cristiano Ronaldo. With the partnership, the crypto exchange intends to enhance more adoption of NFTs in the virtual space. As reported, Binance will undergo a world-class campaign capable of exposing Ronaldo fans to the rudiments of Web3 and NFTs. This development thus tends to navigate a robust penetration into the Web3 and NFT landscape.

During the duration of the partnership, Cristiano Ronaldo and Binance exchange plan to create a series of exhibitions for sale. More so, Binance plans to make the serial exhibitions exclusively available on the Binance NFT platform. According to Binance, the first set of NFTs will be readily available later this year. The NFTs capture designs developed in conjunction with Cristiano Ronaldo

In addition, both Ronaldo and the exchange want to carry out numerous exhibitions which will be auctioned as NFTs. As announced, Binance plans to restrict the serial exhibitions to its NFT platform alone. The first batch of NFTs developed with designs done in conjunction with Ronaldo will be availed later this year, according to Binance. This move further justifies its resolve to overwhelmingly delve into the NFT, Web3, and other formidable crypto landscapes.

This is however despite the prevailing scrutiny facing the crypto exchange. Today, the platform still looks to further widen the scope of its services across the globe. Binance CEO, Changpeng Zhao announced that the exchange intends to reopen its services in South Korea. The exchange had previously closed its operations about two years ago owing to low usage and transaction volumes. Changpeng announced the move to reenter the market at the Korean media Maeil Economic Daily at the VivaTech 2022 event in France.

This is however despite the prevailing scrutiny facing the crypto exchange. Today, the platform still looks to further widen the scope of its services across the globe. Binance CEO, Changpeng Zhao announced that the exchange intends to reopen its services in South Korea. The exchange had previously closed its operations about two years ago owing to low usage and transaction volumes. Changpeng announced the move to reenter the market at the Korean media Maeil Economic Daily at the VivaTech 2022 event held in France.

Rebecca Davidson Verified

Rebecca is a Senior Staff Writer at BitcoinWisdom, working hard to bring you the latest breaking news in the cryptocurrency market. In the words of Elon Musk “Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term.”

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