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 next decade will not stop at mere waves of hype but will see the deep integration of cryptocurrency into the global financial system. The question is no longer 'should we invest?', organizations have shifted to strategies that turn crypto into a key piece.

To illustrate this transformation, Teng mentioned the 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.