Uploaded August 2026 | Updated September 2026, 2 weeks ago
Binance Co-CEO Richard Teng on Tokenized Stocks, RWA Perps, and the US Question
Tokenized stock volume went from under $1 billion in mid-2025 to tens of billions a month in 2026, and RWA perpetuals are now trading at close to parity with Bitcoin perps on the biggest venues. Binance sits at the center of that shift, holding roughly half of tokenized stock perp volume.
I sat down with Richard Teng, Co-CEO of Binance, to ask what's actually driving the growth, whether it's speculation or structural demand, and the question everyone in the US keeps asking: does any of this ever land onshore?
00:10 Sponsor iTrust
00:50 BNB joins Mastercard
02:15 Liquidity beyond crypto
05:30 CLARITY impact on Binance
07:45 What if CLARITY doesn't pass?
08:50 bStocks: 24month prediction
11:20 bStocks moving fast
13:20 BNB beating Solana
14:30 Bloomberg: HYPE was an unprecedented move
16:45 Binance seek US compliant perp-trading through a separate registered entity?
17:15 Tethers audit global impact
18:50 Tokenized gold vs BTC adoption
20:00 Blockchain Week announcements?
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~ The Best Self-Custody Wallet ➜ tangem.com/en Use Code PBN for Additional Discounts!
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~ Looking for the CRYPTO IRA? Free Month with iTrust Capital ➜ Use PROMO CODE - PAUL BARRON rebrand.ly/PAULBARRON
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Binance Co-CEO Richard Teng on Tokenized Stocks, RWA Perps, and the US Question
Tokenized stock volume went from under $1 billion in mid-2025 to tens of billions a month in 2026, and RWA perpetuals are now trading at close to parity with Bitcoin perps on the biggest venues. Binance sits at the center of that shift, holding roughly half of tokenized stock perp volume.
I sat down with Richard Teng, Co-CEO of Binance, to ask what's actually driving the growth, whether it's speculation or structural demand, and the question everyone in the US keeps asking: does any of this ever land onshore?
00:10 Sponsor iTrust
00:50 BNB joins Mastercard
02:15 Liquidity beyond crypto
05:30 CLARITY impact on Binance
07:45 What if CLARITY doesn't pass?
08:50 bStocks: 24month prediction
11:20 bStocks moving fast
13:20 BNB beating Solana
14:30 Bloomberg: HYPE was an unprecedented move
16:45 Binance seek US compliant perp-trading through a separate registered entity?
17:15 Tethers audit global impact
18:50 Tokenized gold vs BTC adoption
20:00 Blockchain Week announcements?
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Join our community!
The Barron Market Edge (FREE)➜ paulbarronnetwork.com/barron-market-edge-signup
Private Telegram Group (FREE) ➜ PBN Market Edge Group
https://t.me/+nISqoMxrok40NTcx
Follow Paul on Instagram ➜ bit.ly/realpaulbarron
Subscribe on YouTube ✅ bit.ly/PBNYoutubeSubscribe
Twitter 📱 bit.ly/PBNtwitter
~ The Best Self-Custody Wallet ➜ tangem.com/en Use Code PBN for Additional Discounts!
~ The Best Crypto Exchange ➜ BTCC get special trading fees - bit.ly/PBNBTCC
~ Looking for the CRYPTO IRA? Free Month with iTrust Capital ➜ Use PROMO CODE - PAUL BARRON rebrand.ly/PAULBARRON
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