Binance CEO Richard Teng: Institutional entry is accelerating, but the pace is out of sync – global crypto adoption is still only 8%.

Binance CEO Richard Teng stated at a Dubai forum that institutional investor adoption is accelerating, with the number of such clients on Binance doubling for two consecutive years. This growth is driven by clearer regulations, U.S. policy shifts, ETF approvals, and traditional finance entry.

  • Despite this institutional momentum, the global cryptocurrency adoption rate remains low at only 8%.
  • Teng noted that institutional onboarding is complex and progresses at varying paces, but the entry of corporations and family offices is a "certain trend."
  • He reiterated Binance's strong long-term bullish outlook on the crypto market.
Summary

At the Binance Blockchain Week roundtable forum in Dubai, Binance CEO Richard Teng shared platform data:
Over the past two years, with increasingly clear regulations, the US shifting from "anti-crypto" to "strong support," the approval of ETFs, and the entry of traditional financial institutions, the number of institutional investors on the Binance platform has doubled for two consecutive years .

He emphasized that the due diligence process for institutions, corporations, and family offices is far more complex than that for individual investors, so they will not all be involved at the same time, but "they are all making progress, just at different paces."

Currently, the global adoption rate of cryptocurrencies is only 8% .
After communicating with several companies and family offices, he believes that institutional entry is a "certain trend, it's just a matter of time," and reiterated: "We are very bullish in the long term."

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Author: PA影音

This content is for informational purposes only and does not constitute investment advice.

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