Binance Strengthens Institutional Push With Customized Crypto Support for Wealth Managers

• Prestige offers dedicated managers, custom pricing, and compliance tools for institutions, not retail users.
• Demand for Prestige is clear as family offices, private banks, and wealth managers continually seek crypto.

To effectively support wealth managers, Binance has strengthened its institutional role by launching Prestige. This specialized institutional-grade service gives private banks, family offices, and RIAs dedicated relationship managers, custom pricing, and advanced compliance. By launching Prestige, Binance further allows institutional clients to gain personalized onboarding, access to structured products, credit lines, and institutional-grade custody through trusted partners.

As a note, other crypto platforms, such as Coinbase Prime, Kraken Institutional, Gemini, and OKX, also offer institutional crypto services, including custody, OTC desks, and compliance tools. However, Binance stands out by linking its service to BNB utility, staking, Launchpool access, and seamless fiat-to-crypto integration.

In the context of Prestige making it easier for wealth managers to enter crypto, VanEck’s recent filing for a BNB ETF highlights the growing availability of professional investor tools. The filing notes:

BNB Price Set Up

Supply and demand remain key factors in BNB’s price trajectory. On the supply side, Binance’s token burns steadily, reducing the circulating supply of BNB. The October 2025 burn destroyed roughly 1.4 million tokens, tightening supply. With rising activity on BNB Smart Chain, the burn mechanism helps drive demand by reducing supply.

If institutional inflows continue and burns persist, BNB could see steady medium- to long-term gains, though short-term volatility remains possible due to broader market and regulatory shifts.

Previously, we highlighted that Binance launched a crypto QR code payment system in Argentina, enabling instant, fee-free transactions via Binance Pay.

At the time of writing, Binance Coin (BNB) is trading at $894.42 USD, reflecting an increase of 3.16% in the past day and a decrease of 1.43% in the past week.