The David Lin Report · Wednesday, September 9, 2026
Richard Teng highlighted that Binance's 'TradeFi' perpetual products address key issues in traditional finance by offering global access and 24/7 trading. He emphasized that this provides a crucial venue for institutions and retail investors to manage risk and take positions at any time, overcoming the limitations of traditional 8-hour trading days and weekend closures.
“Firstly, global access. Many people around the world have no access to these products, right?”
“And secondly, if you look at traditional exchanges, they operate 8 hours a day, they don't operate on weekends, holidays, they're closed. But new flow is 24/7.”
“So we provide that. Firstly, as a global access point for global users around the world that currently their previously have no access to all these products, including pre-IPO shares, right? Pre-IPO perpetuals.”