At the Binance Blockchain Week roundtable in Dubai, Binance CEO Richard Teng shared platform data:
Over the past two years, as regulations have become clearer, the US has shifted from being “anti-crypto” to showing “strong support,” ETFs have been approved, and traditional financial institutions have entered the market, the number of institutional users on the Binance platform has doubled for two consecutive years.
He emphasized that the due diligence processes for institutions, enterprises, and family offices are far more complex than for retail investors, so they won’t all enter the market at the same time, but “they are all making progress, just at different paces.”
Currently, the global cryptocurrency adoption rate is still only 8%.
After communicating with multiple enterprises and family offices, he believes institutional entry is a “certainty—it’s only a matter of time,” and reiterated: “We are very bullish in the long term.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
