Binance Unveils Wealth Management Platform
Binance launched Binance Wealth, the first crypto exchange solution tailored for wealth managers to guide their high-net-worth clients into digital asset investments.
The Deets
- Wealth managers can oversee onboarding, recommend investments, and submit KYC documentation.
- Clients retain control over investments but can review and approve manager suggestions.
- Binance Wealth combines traditional finance experience with crypto, offering an intuitive interface and diverse investment options.
- White-glove VIP support is available for wealth managers through Binance VIP services.
The Bulk
Binance introduced an innovative platform that provides wealth managers with a seamless experience in managing crypto investments for their high-net-worth clients. Unlike traditional crypto exchanges, Binance Wealth offers a user-friendly interface where wealth managers can submit KYC/KYB documents, guide clients through onboarding, and offer recommendations that clients can review and approve.
This service also includes a VIP experience for wealth managers, with support from Binance's key account managers. Importantly, clients can explore assets beyond Bitcoin and Ethereum, accessing a variety of Binance-supported tokens across active trading and staking options for a well-rounded digital asset portfolio.
🎤 Founder Feedback
The recent surge in institutional interest in digital assets is undeniable. As more investors recognize the potential of this burgeoning asset class, we’ve been hearing from wealth managers in different markets around the world asking for a crypto solution for their clients.Catherine Chen, Head of Binance VIP
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