Richard Teng has announced the release of a Binance institutional loan, here’s what you need to know

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3 Min Read

Binance CEO Richard Teng has spread the word about Binance rolling out new products to institutional clients on the platform.

The new product is called Binance Institutional Loans, and according to a tweet from Teng, it’s not just an average credit line, it’s “rethinking how institutions access liquidity across their portfolio.”

Vinanence to support institutions with loans

To his X-Post, Teng added a link to the article. This explains in detail what the new Binance offers the institution. The title claims to have up to four times the leverage and “zero interest potential.”
The new product allows institutions to borrow cryptographically for multiple accounts, resulting in cross-collatized loans. If borrowers meet certain performance criteria to maximize capital efficiency, the interest rate is the same as zero.

We are continually strengthening our products for our institutional clients.

Binance Institutional Loans not only provides credit, but also rethinks how institutions access liquidity across their portfolio.

Please read 👇https://t.co/dcqbcasqhb

– Richard Ten (@_richardteng) July 4, 2025

These loans are available on demand for VIP 5+ corporate users (KYB) to acquire volume or by companies seeking capital support to scale volume quickly (evaluate it by evaluating Binance on a case-by-case request basis), the article says. Depending on the type of collateral remaining in Binance, the institution’s clients can borrow 1 million USDC or USDT stubcoin. These funds can be used to trade in Binance margins and futures markets once leverage is up to quadrupled.

Among the coins accepted as collateral are BTC, ETH, USDT, USDC, SOL, and BNB.

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Binance hires former top executives of the Central Bank of Ireland

Binance also announced that Gillian Lynch, who had an executive position at Crypto Exchange Gemini and the Central Bank of Ireland, has placed a new top executive on his salary.

Binance has announced that Gillian Lynch will be appointed head of Europe and the UK to oversee strategic expansion and compliance issues. Lynch previously served as executive positions at Gemini and the Central Bank of Ireland, among other institutions.

– WU Blockchain (@wublockchain) July 4, 2025

This appointment comes as its long-term focus is on regulations, user protection and sustainable expansion in Europe and the UK.

According to a Binance article, Lynch oversees Binance’s strategy, day-to-day operations and regulatory involvement in the aforementioned regions. She will be responsible for improving regional growth and collaboration with local regulators and policymakers, allowing her to work further in these areas “at the highest standards of compliance, transparency and user protection.”

Richard Teng believes Lynch will make the best choice for this position, taking into account his stellar track record in fintech and banking leadership.

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