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Binance CEO: Adoption by institutional investors will strengthen Bitcoin's "digital gold" and hedging properties

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2025-05-12 06:28:49
On May 12, Richard Teng, chief executive of Binance, wrote on the X platform: "In the context of global economic uncertainty, bitcoin remains the flagship crypto asset and a resilient store of value. With the adoption of institutional investors, bitcoin is expected to play a more important role as a hedge and digital gold in diversified portfolios."
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