Richard Teng, CEO of Binance, said in an interview with CNBC that long-term growth trends and widespread institutional interest show crypto’s resilience and set up strong future momentum.
Teng said, "The resilience and support for crypto and the blockchain industry is very real. There's huge support (...) If you take a longer time frame, right? So, compared to four years back, crypto, bitcoin probably increased multiple folds on that front, right? So, if you look at all these data points, we are ripe for very strong momentum in the future," according to CNBC.
At Davos 2025, a high-profile panel featuring central bankers and major finance leaders—including Coinbase’s CEO and Franklin Resources’ CEO—examined crypto’s outlook. The discussion focused on regulation, institutional participation, and blockchain’s role in finance. This reflects broad engagement with digital assets at global policy forums, providing context for the future momentum Teng mentions.
Liquidity on centralized exchanges expanded through 2025. CoinGecko’s Q3 2025 report estimates CEX spot trading hit $5.1 trillion for the quarter, up 31.6% from Q2. Binance’s market share averaged about 40% in Q3 2025, with its spot volumes growing approximately 40% quarter-over-quarter—illustrating deep market depth and sustained user activity on the platform even amid price swings.
In January 2026, Binance strengthened its market leadership with $518.32 billion in spot and $1.6 trillion in derivatives volume—totaling over $2.1 trillion in combined trading volume according to CoinMarketCap. This represents more than double the scale of the next-largest exchange and exceeds the combined volume of the next three exchanges.
Teng is a Singaporean executive who became Binance’s CEO after senior roles at the Monetary Authority of Singapore, as chief regulatory officer of Singapore Exchange, and as CEO of Abu Dhabi Global Market. His regulatory background frames Binance's ongoing institutionalization during this phase of crypto market maturation.
