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Binance weighs adding Hong Kong, Korean, Taiwanese and Brazilian stocks, says co-CEO Teng
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Binance is assessing whether to add stock-market access tied to Hong Kong, South Korea, Taiwan and Brazil. Richard Teng did not give a launch date or say what product structure would be used.
Key claims & sources
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The possible expansion would cover stock markets in Hong Kong, South Korea, Taiwan and Brazil.
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The proposed move was described as a way to diversify Binance’s revenue streams and reduce dependence on a single market.
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Richard Teng said Binance is looking at demand for access to top 10 stocks in Hong Kong, South Korea, Taiwan and Brazil.
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No launch date has been set, and no product structure has been announced.
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