Consensus Hong Kong 2026 | CoinDesk
The $300M move: Richard Teng on tokenizing Wall Street
At Consensus Hong Kong 2026, Binance co-CEO Richard Teng detailed the exchange's explosive growth to over 300 million users and its pivot toward "smart money" institutional services. Highlighting a landmark partnership with Franklin Templeton, Teng explained how tokenized money market funds are now being used as off-exchange collateral, allowing institutions to trade Binance's deep liquidity while keeping assets in regulated custody and earning yield.
Up Next
ICE goes live with futures tied to CoinDesk Indices
Anthony Scaramucci predicts $150K BTC by year-end: This bear market will end 'when we least expect it'
Fighting for the soul of crypto: Charles Hoskinson on institutional "federation" and the rise of AI agents
About
The bridge between east and west starts here at Consensus Hong Kong. CoinDesk Live brings you exclusive conversations with the builders, institutional leaders, and policymakers currently shaping the landscape, providing insights you won't see anywhere else.
Advertisement
Coindesk Series
Architecting the New Financial System at the Ondo Summit NYC
Join us live from the Ondo Summit in NYC where instit...
An Evening with KuCoin EU: Exclusive Conversations, Insights and Announcements
The KuCoin EU VIP Gala brings together industry leade...
