Binance began overhauling its service structure after receiving full authorization from the FSRA at the Abu Dhabi Global Market (ADGM). This move was immediately followed by the decision to move all operations to three new entities starting in January 2026: Nest Exchange Services Limited, Nest Clearing and Custody Limited, and Nest Trading Limited.
Nest Exchange Services will handle core trading activities, from spot to derivatives, while Nest Clearing and Custody will assume the role of transaction settlement manager and asset custodian.
Nest Trading Limited will take charge of OTC activity and trades that don’t run through the main order book, effectively rounding out the roles handled by the other two units. With this setup, the overall structure becomes leaner but is still able to support heavy market flow. Tasks that once sat in one place are now spread out more evenly across the system.
Binance emphasized that users should not worry about this transition, as accounts, balances, order history, and daily features will continue to operate as usual. Most of the adjustments take place out of sight, and that’s where the split in responsibilities makes the biggest difference. It’s an approach that isn’t often used in the digital asset space, as it’s far more familiar in the traditional financial world.
Alongside the restructuring effort, a few other shifts have also influenced the company’s direction in recent months. On December 3, we reported that the company strengthened its leadership lineup by naming Yi He as co-CEO, pairing her perspective with Richard Teng’s as they steer the platform through different markets.
Also, on November 25, we highlighted Binance under scrutiny after a lawsuit alleged the platform enabled secret funding to Hamas, where the lawsuit alleges over a billion dollars in funds flowed linked to the group.
Late last October, we also reported that Binance launched a QR-based payment system in Argentina that allows instant, fee-free transactions through Binance Pay. Merchants receive payments in Argentine pesos, while the conversion process is handled by a regulated local partner.
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