Binance, the global leader in cryptocurrency, has announced the launch of “Binance Wealth,” the first platform dedicated to wealth managers in the cryptocurrency sector.
This platform aims to meet the needs of high-net-worth clients and provide integrated solutions to support wealth managers in managing their clients’ digital investments.
Binance Wealth provides an environment that allows wealth managers to provide investment advice and manage their clients’ accounts, while retaining full control over asset management.
The process begins with wealth managers submitting applications to join, then providing the necessary documents (KYC/KYB) to verify the identity of clients, after which clients can manage their investments directly and receive investment recommendations for review.
Binance Wealth is a major step towards facilitating the adoption of digital assets by affluent clients and the private wealth sector, bridging the gap between traditional finance and cryptocurrencies, said Catherine Chen, Head of VIP & Institutional at Binance.
Binance Wealth was designed by a team of cryptocurrency and traditional finance experts to facilitate the entry of wealth managers and their clients into the digital asset market, contributing to the expansion of the investor base and the global adoption of cryptocurrencies.
