Binance, a leading cryptocurrency exchange, has announced the launch of Binance Wealth, a new platform designed specifically for wealth managers and their high-net-worth clients who want to invest in cryptocurrencies. This platform will make it easier for wealth managers to onboard new clients and provide investment recommendations, while still giving clients complete control over their assets.
Key points:
1. Binance Wealth is the first crypto trading platform solution for wealth managers.
2. It lowers the barrier to entry for wealth managers and their clients seeking to invest in cryptocurrencies.
3. The platform allows wealth managers to oversee the onboarding process and provide investment recommendations while giving clients full control.
4. Binance Wealth aims to bridge the gap between cryptocurrencies and traditional finance by making it easier for more market participants to enter the crypto asset class.
By providing a solution tailored to the needs of wealth managers and their clients, Binance hopes to unlock capital inflows and bring cryptocurrencies into the mainstream, helping to close the gap between digital assets and traditional finance.