Bitcoin (btc)$80,268.00↓ 0.03%
Ethereum (eth)$2,329.92↓ 0.77%
Tether (usdt)$0.99904↓ 0.00%
BNB (bnb)$737.38↑ 1.19%
XRP (xrp)$1.29↑ 1.19%
USDC (usdc)$0.999579↓ 0.01%
Solana (sol)$100.71↑ 0.13%
TRON (trx)$0.328662↓ 0.33%
Figure Heloc (figr_heloc)$1.056↑ 3.37%
Zcash (zec)$1,197.33↑ 4.90%
Hyperliquid (hype)$76.19↑ 0.70%
Dogecoin (doge)$0.076571↑ 0.35%
Monero (xmr)$603.47↑ 0.91%
USDS (usds)$1.00↓ 0.01%
WhiteBIT Coin (wbt)$77.31↓ 0.72%
Bitcoin (btc)$80,268.00↓ 0.03%
Ethereum (eth)$2,329.92↓ 0.77%
Tether (usdt)$0.99904↓ 0.00%
BNB (bnb)$737.38↑ 1.19%
XRP (xrp)$1.29↑ 1.19%
USDC (usdc)$0.999579↓ 0.01%
Solana (sol)$100.71↑ 0.13%
TRON (trx)$0.328662↓ 0.33%
Figure Heloc (figr_heloc)$1.056↑ 3.37%
Zcash (zec)$1,197.33↑ 4.90%
Hyperliquid (hype)$76.19↑ 0.70%
Dogecoin (doge)$0.076571↑ 0.35%
Monero (xmr)$603.47↑ 0.91%
USDS (usds)$1.00↓ 0.01%
WhiteBIT Coin (wbt)$77.31↓ 0.72%

The $300M Move: Richard Teng on Tokenizing Wall Street

Published February 23, 2026

At Consensus Hong Kong 2026, Binance co-CEO Richard Teng detailed the exchange’s explosive growth to over 300 million users and its pivot toward “smart money” institutional services. Highlighting a landmark partnership with Franklin Templeton, Teng explained how tokenized money market funds are now being used as off-exchange collateral, allowing institutions to trade Binance’s deep liquidity while keeping assets in regulated custody and earning yield.