According to an official announcement: In an industry-first move that connects traditional finance with the world of digital assets, Binance proudly launches Binance Wealth — the first technological solution by a digital asset exchange tailored for wealth managers and their high-net-worth clients. Leveraging Binance’s renowned security technology, Binance Wealth provides an advanced platform where wealth managers can manage their clients' exposure to crypto assets on the world’s largest cryptocurrency exchange by trading volume.
Addressing the Demand for Secure Crypto Investment Options
The past year has seen an explosive surge in institutional and private wealth interest in digital assets. To meet this growing demand for a secure, reliable solution to incorporate crypto investments into wealth management, Binance developed Binance Wealth. This groundbreaking platform offers wealth managers new ways to support high-net-worth clients in opening accounts on Binance, ensuring clients can safely access digital assets while benefiting from their wealth managers' expertise.
Key Features of Binance Wealth Include:
Premium Client Experience: High-net-worth clients receive an intuitive, seamless experience, equipped with world-class trading and yield products that simplify their crypto investment journey.
Client-Controlled Investments: Clients can choose to self-manage or consult their wealth manager, with a comprehensive approval process for every investment decision.
Enhanced Security and Compliance: Built on Binance’s regulatory-compliant infrastructure, the platform offers wealth managers and their clients direct access to deep crypto liquidity.
Bridging Traditional and Digital Finance
Catherine Chen, Head of Binance VIP & Institutional, highlights the platform's transformative potential:
“The surge in institutional interest in digital assets is undeniable. Binance Wealth makes crypto accessible by offering trusted wealth managers a platform designed with robust security and regulatory compliance. We’re thrilled to unlock institutional and private wealth capital and set a new standard for crypto wealth management."
How to Get Started with Binance Wealth
Wealth managers interested in joining Binance Wealth can begin the onboarding process through the following steps:
Registering Interest: Fill out the contact form or reach out to a Binance VIP representative to express interest.
KYB Onboarding: Eligible wealth managers must complete the Know Your Business (KYB) process to gain platform access.
Onboarding Clients: Once onboarded, wealth managers can start helping clients interested in crypto investments access the Binance platform.
With Binance Wealth, Binance reinforces its commitment to bridging the gap between traditional finance and crypto, opening new doors for private clients and institutions to engage with digital assets securely and effectively.
