Richard Teng has been appointed as new CEO of the Binance after Changpeng Zhao stepped down from the position. He has always been there at the top of the news for some reason or other. Teng holds huge experience in the financial services and global markets. He is a person who has created a revolution in the zone of cryptocurrencies. He has helped cryptocurrency revive through many issues like the cryptocurrency exchange issues in many countries. He has helped cryptocurrency exchanges stabilize the business especially the one where he is leading. The regulatory landscape is still sketchy and growth is always in question and that is why it is important to understand the role of such dignified persons.
Richard Teng career
Richard Teng has always been a person who has got a huge potential. Before becoming the CEO of Binance, he was actually leading the regional markets of this brand. He had started his job journey with Singapore Exchange where he took rapid strides to showcase his skills and grow his stature. He held many roles in Singapore Exchange with a good appreciation from his colleagues and bosses. After leaving that company he had joined Monetary Authority of Singapore and took his profile to the next level. In 2015, he moved to Abu Dhabi Global Market and that is termed as the biggest move of his career.
Richard Teng as Binance CEO
As a new CEO of Binance Exchange he is heaving a huge wealth of experience which he can count on for the success of this company in long run. He has been a stalwart in the finance industry. The company is now going through policy changes and he is at the helm of all these new changes that are exciting for the crypto market as of now, without any doubt.
Richard Teng Net Worth
Richard Teng is known as one of the most successful businessman and personality in the NFTs world. The company found Teng as the most suitable person for the position as he holds great experience and business knowledge in crypto world.
The Richard Teng’s net worth is $65 million in 2023. He had qualified in Master degree from University of Western Australia. Afterward, he served to the Singapore exchange as Chief Regulatory Officer. Also he is the board member of following companies Lulu Financial Group, Global FinTech Institute and Blockchain Association Singapore.
Many thinks that Teng is one of the best replacement of Zhao.
