Binance Expands Institutional Platform to High-Net-Worth Individuals

Binance has opened its institutional-level wealth management platform, Capital Connect, to individual investors for the first time. The platform was previously only available to institutional clients since its launch in May 2023.

Individuals must meet Binance's VIP level 3 or above, or hold at least $1 million in assets on the platform. Those who do not have $1 million in assets on Binance can submit proof of external assets equivalent to $1 million for review.

Catherine Chen, head of Binance's VIP and institutional business, stated that this opening is a response to ongoing demand from individual investors for access to Capital Connect. As of September, the platform has gathered 212 portfolios managed by 77 professional trading teams, a significant increase from the initial 20 funds at the time of its launch in 2023.