The wave of large organizations landing in the cryptocurrency market

Richard Teng: A New Era of Cryptocurrency is Being Established on Wall Street

Binance CEO, Richard Teng, has just released an important update on Wall Street, asserting that the coming decade will not be limited to waves of “hype” but rather the deep integration of cryptocurrency into the global financial system. No longer is it a question of “should we invest?”, organizations have shifted to a strategy of making crypto a key piece.

Citing this transition, Teng mentioned a turning point when Moody’s and Alphaledger conducted a historic experiment: Tokenizing municipal bonds on the Solana blockchain, while integrating credit ratings directly within the Token. This is the first time tokenized debt on a public platform has been tested by a leading rating agency – a significant advancement in the practical application of digital assets.