As the CEO of the world’s biggest crypto company, Binance, Richard Teng was always destined to make a significant difference in the currency world. Teng’s journey in cryptocurrency began back in 2014 when he was the CEO of Abu Dhabi Global Market, he played a vital role in setting up a framework that invited major financial investors to the UAE. Now, almost a decade later, Teng leverages his expertise at Binance, building strong relationships to further expand the company’s reach into new markets and engage with regions that have not yet embraced digital currency.
Teng spends a lot of time travelling for work, meeting with stakeholders and policymakers around the world to engage and build strong relationships that drive Binance forward. According to Teng, cryptocurrency is only just getting started and will soon become even more successful in the future; he believes the growth of the digital currency will spur in the next five years and will become increasingly mainstream.
Teng has an open mind regarding his views on technology and how it could shape the future of crypto. He sees the future of cryptocurrency merging with AI and believes investing in AI will be a game-changer. With the use of Artificial Intelligence, companies can detect and analyse trends better and faster, along with identifying risks more efficiently, strengthening the company in a rapidly changing market.
Follow Richard Teng on Instagram @tengrich.
