Share this article

Binance Launches New Platform for VIP and Institutional Investors

The exchange’s release of Binance Institutional aligns with CEO Changpeng Zhao’s commitment to expand and hire during the bear market.

Updated May 11, 2023, 6:53 p.m. Published Jun 24, 2022, 2:49 p.m.
Binance CEO Changpeng "CZ" Zhao (CoinDesk archives)
Binance CEO Changpeng "CZ" Zhao (CoinDesk archives)

Cryptocurrency exchange Binance is launching Binance Institutional, an advanced platform for institutional investors to trade digital assets.

  • The exchange announced the product in a tweet on its new account dedicated to the product, noting the decision to launch the product comes amid “an effort to upgrade its institutional offerings and services.”
  • According to the Binance Institutional webpage, the product will offer over-the-counter liquidity and execution for algorithmic trading, access to instant pricing, advanced custody solutions, a suite of broker products and a liquidity program for traders in spot and futures markets.
  • Binance is the world’s largest cryptocurrency exchange by volume, with $7.7 trillion in annual exchange volume and 90 million registered users.
  • The release of Binance Institutional follows a trend toward Binance's expansion of its operations during the current bear market for crypto assets – in contrast with many of its rivals. During Consensus 2022, Binance CEO Changpeng “CZ” Zhao spoke about the company’s plans to hire new employees. And earlier this week, Binance.US said it would eliminate bitcoin trading fees in an effort to bring in more users.
  • Binance Institutional is accessible through its main website, and is not available to customers of its U.S. branch, Binance.US.

Read more: Binance, Kraken and Polygon Accelerate Hiring in Response to Industry-Wide Job Cuts

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Strategy's increased dollar buffer covers more than 2 years of dividend obligations

Strategy Executive Chairman Michael Saylor (Danny Nelson, modified by CoinDesk)

The company expanded its USD buffer runway beyond 2027, supporting dividends and reduces refinancing risk ahead of the next bitcoin halving.

What to know:

  • Strategy boosted its reserve to $2.2 billion, providing more than two and a half years of runway to pay dividends and navigate a potential bitcoin winter if prices follow the four year cycle.
  • The enlarged cash position also gives the company the option of covering the September 2027 $1 billion convertible note put if needed, while leaving additional dividend headroom.