Share this article

Binance to Partner With Singapore-Based Platform CapBridge to Broaden Its Services

The legally non-binding agreement indicates the two firms intend to build a strategic STO.

Updated Sep 14, 2021, 12:31 p.m. Published Mar 24, 2021, 12:49 p.m.
jwp-player-placeholder

Blockchain and cryptocurrency infrastructure firm Binance has signed a Memorandum of Understanding (MoU) with Singapore-regulated private markets platform CapBridge to broaden its services.

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

  • According to the Binance blog post Wednesday, the legally non-binding agreement indicates the two firms intend to build a strategic security token offering (STO).
  • Singapore-headquartered firm CapBridge was founded in 2015. It is regulated by the Monetary Authority of Singapore (MAS) and backed by the Singapore Exchange.
  • CapBridge has two separate arms: a distribution arm that holds a Capital Markets Services License and the 1exchange, which is MAS-regulated, built on blockchain technology and holder of a Recognized Market Operator license in Singapore.
  • “By joining forces with CapBridge, Binance will be able to work with a fully licensed firm to broaden services securing compliance with local regulations,” said Binance CEO Changpeng Zhao.
  • More details on the partnership will be announced at a later date.

Read more: Binance Faces CFTC Probe Over US Customers Trading Derivatives: Report

Di più per voi

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.

Cosa sapere:

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

Aptos' APT delines on below average volume

"APT price chart showing a 1.1% increase to $1.71 with low trading volume amid a paused crypto rally."

The token has support at the $1.69 level and resistance at $1.80.

What to know:

  • APT declined 1.7% to $1.70.
  • Trading volume dropped 16% below the 30-day average.
  • Price action remains range-bound between $1.69 support and $1.80 resistance.