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Richard Teng: Binance offers pre-IPO trading access to users
Richard Teng, CEO at Binance, announces that for the first time, users on Binance can trade where high-profile IPOs may price before trading formally begins.
According to Teng, historical access to pre-IPO pricing was exclusive to institutional and private investors, but Binance is opening this opportunity to its users to trade IPOs.
Teng has made several high-profile announcements in recent months. He recently confirmed the departure of Rachel Conlan from Binance after more than three years at the exchange. In April, Teng reported that DeFi hacks reached $621 million, raising concerns for industry security at the time.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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