CZ: Binance and traditional asset management companies are not in competition and will not be threatened.

Odaily News: Binance Founder CZ stated in a Twitter Space session that Binance and traditional asset management companies applying for spot ETFs are not in a competitive relationship and will not be threatened. New platforms like EDX Markets, on the other hand, are dedicated to serving local compliant institutional clients in the United States, in a different business field from Binance.