BNB Chain Taps Experienced Exec to Drive Institutional Growth

BNB Chain has appointed Thomas Chen as its new Chief Business Officer (CBO) in an effort to onboard more institutional capital and grow volume and liquidity on-chain.

The appointment comes at a time when stablecoins and real-world assets are driving growth on the network, with over $10 billion in stablecoin issuance on BNB Chain alone.

Chen brings extensive experience in building institutional businesses across capital markets, custody, trading, and growth, and will focus on closing the gap between retail success and institutional adoption.

The CBO role is consistent with traditional finance (TradFi) expectations, and BNB Chain's vertically integrated stack is seen as a key advantage in competing with rival Layer 1s like Ethereum and Solana.