Episode Details
Back to Episodes
The $300M Move: Richard Teng on Tokenizing Wall Street
Published 2 weeks, 3 days ago
Description
Binance co-CEO Richard Teng breaks down the exchange’s 300 million user milestone and how its Franklin Templeton partnership is bringing "smart money" to Web3.
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.
-
This episode was hosted live by Jennifer Sanasie and Eleanor Terrett at Consensus Hong Kong 2026, presented by Hex Trust.