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Binance has announced its new platform for corporate users

Binance has launched its new platform for VIP and corporate users. The crypto exchange giant aims to elevate its institutional offerings and services with a new platform dubbed “Binance Institutional.”

ns that Binance is targeting with its latest project include corporations, asset managers, brokers, hedge funds, family offices, high-net-worth individuals (HNWIs), liquidity providers, proprietary trading firms, and miners.

According to the official blog post, Binance Institutional will offer OTC services, asset management, custody, broker program, and liquidity program.

It is also planned to offer enterprise-level products and services such as business solutions, yield products, professional services, and data and reporting.

Amid the ongoing crypto market decline, Binance has managed to survive without cost-cutting efforts. The exchange painted a strikingly different picture compared to its rival, Coinbase.