- Binance to support institutions with loans
- Binance hires former Central Bank of Ireland top executive
Richard Teng, the Binance chief executive officer, has spread the word about Binance rolling out a new offering to the platform’s institutional clients.
The new product is called Binance Institutional Loans and, according to Teng’s tweet, it is not just an average credit line but “it reimagines how institutions access liquidity across their entire portfolio.”
You Might Also Like
Fri, 07/04/2025 - 11:14 CZ Shuts Down Binance Proof of Reserves FUD: Details ByGodfrey Benjamin
HOT Stories Ripple Unlocks 500,000,000 More XRP in Surprising July Maneuver 'Rich Dad Poor Dad' Author Sounds Alarm About 95% US Dollar Crash 'Buy Bitcoin': Bitwise Exec Reacts to Ray Dalio's Warning Satoshi-Era Bitcoin Wallets Move Over $1 Billion Each After 14 Years of Inactivity
Binance to support institutions with loans
To his X post Teng added a link to an article which explains in detail what the new Binance offer to institutions is about. The title claims that they are up to 4x leverage and “zero interest potential.”
The new offering allows institutions to borrow crypto against multiple accounts, making it a cross-collateralized loan. Interest rates can be as low as zero if the borrower meets specific performance criteria to maximize their capital efficiency.
We're continuously enhancing our offerings for institutional clients.
Binance Institutional Loans doesn't just offer credit, it reimagines how institutions access liquidity across their entire portfolio.
Have a read 👇https://t.co/dCqBCASqhb
These loans are “available to volume VIP 5+ corporate users (KYB), or upon the request of companies seeking capital assistance to rapidly scale their volumes (to be assessed by Binance on a case-by-case request basis),” the article says. Depending on the type of collateral left with Binance, institutional clients can borrow from one to ten million USDC or USDT stablecoins. These funds can be used for trading on Binance’s margin and futures markets with leverage going up to 4x.
Among coins that are accepted as collateral are BTC, ETH, USDT, USDC, SOL, and BNB.
You Might Also Like
Fri, 07/04/2025 - 07:43 'Rich Dad Poor Dad' Author Sounds Alarm About 95% US Dollar Crash ByYuri Molchan
Binance hires former Central Bank of Ireland top executive
Binance has also announced that they have put a new top executive on their payroll – Gillian Lynch, who earlier had executive positions at the crypto exchange Gemini and also the Central Bank of Ireland, has been appointed to be the Head of Europe and the UK.
Binance has announced the appointment of Gillian Lynch as the Head of Europe and the United Kingdom, overseeing strategic expansion and compliance matters. Lynch previously held executive positions at Gemini and the Central Bank of Ireland, among other institutions.…
— Wu Blockchain (@WuBlockchain) July 4, 2025This appointment comes as Binance increases its long-term focus on regulation, protection of users, and sustainable expansion in Europe and the UK.
According to the Binance’s article, Lynch will supervise Binance’s strategy, daily operations, and regulatory engagement in the aforementioned regions. She will be responsible for regional growth and improving collaboration with local regulators and policymakers to allow Binance further operate in these areas “with the highest standards of compliance, transparency, and user protection.”
Richard Teng believes that Lynch will make a perfect choice for this position considering her stellar track record in fintech and banking leadership.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
