BlockBeats News, November 4th, Binance CEO Richard Teng stated at Hong Kong Fintechweek 2025 that two elements are needed for the mainstream adoption of crypto: clear regulation and institutional involvement. Previously, regulatory agencies were unwilling to invest time, energy, and resources to understand this field, but that has now changed. Moreover, any asset class with only retail participation lacks depth and breadth. Once institutions enter, they bring different investment horizons, strategies, and scales, significantly enhancing market depth and resilience.
When asked by the host about whether “institutional involvement leading to decreased market volatility also erodes the core concept of decentralization of cryptocurrency,” Richard Teng expressed that he completely disagrees. The more different types of players are brought into this stage, the more active and vibrant the market becomes. Although cryptographic technology itself relies on decentralization, immutability, and other characteristics, the presence of centralized players can actually maximize the value of the technology. The optimal scenario is being able to leverage both the “decentralization technological advantages” and provide the “best centralized experience.”
