Binance CEO Richard Teng announced the launch of Binance Institutional Loans, a new product offering up to 4x leverage and potential zero interest rates for qualified corporate clients. The cross-collateralized lending solution allows institutions to borrow USDT or USDC stablecoins (ranging from $1M to $10M) using cryptocurrencies like BTC, ETH, SOL, and BNB as collateral. Funds can be deployed for trading on Binance's margin and futures markets.
Eligibility is restricted to Volume VIP 5+ corporate users who complete Know-Your-Business (KYB) verification, or firms seeking capital to scale volumes, subject to Binance's case-by-case approval. Interest rates may drop to zero if borrowers meet specific performance criteria aimed at maximizing capital efficiency.
Concurrently, Binance appointed Gillian Lynch as Head of Europe and the UK, citing her executive experience at Gemini and the Central Bank of Ireland. Lynch will oversee regional strategy, regulatory compliance, and user protection initiatives, signaling Binance's intensified focus on institutional adoption and regulatory alignment in key markets.