Binance launches a concierge-style service, Binance Prestige, for family offices and asset managers new to crypto. The service includes personalized onboarding, support for over 100 fiat currencies, credit lines, custody, and analytics tools. Binance targets affluent investors in traditional finance entering the crypto space to provide guidance and support.

JPMorgan filed with the SEC to issue auto-callable, accelerated barrier notes linked to BlackRock’s iShares Bitcoin Trust ETF. This structured derivative product is geared toward sophisticated or high-net-worth investors. Fidelity Digital Assets, a subsidiary of Fidelity Investments, offers audited custody controls and an integrated trading platform for institutions exploring digital assets.

Family offices and wealthy investors in Asia are increasing digital asset exposure, with plans to allocate around 5% of portfolios to crypto. Singapore and Hong Kong emerge as regional crypto hubs, attracting investment and expanding frameworks to allow trading of crypto derivatives and issuance of licensed stablecoins and tokenized assets.

Read more at Cointelegraph: Binance Launches Crypto Services for Family Offices