Binance's current CEO, Richard Teng, told CNBC in an interview that institutional investor interest in cryptocurrency has increased by 40% this year. Teng attributes this growth to the increasing adoption of cryptocurrencies by major financial institutions, as well as the growing awareness of the benefits of blockchain technology. He also noted that institutional investors are increasingly looking to Binance for its expertise in the cryptocurrency market and its ability to provide a secure and reliable trading platform. This news is a positive sign for the cryptocurrency industry as it shows that institutional investors are becoming more comfortable with investing in cryptocurrencies.