Co-founder and managing partner of the Multicoin Capital cryptocurrency fund, Kyle Samani, shared his opinion on important trends in the field of cryptoassets for the coming year.

Samani noted that he is closely watching the popular Binance Cryptocurrency Exchange and its development of a new decentralized platform, the launch of which can change the digital industry. He expects that the status of this exchange will allow it to attract a large number of users to an alternative solution, while Binance competitors, who are also developing such platforms, are unlikely to succeed.

The decentralized Binance Exchange was registered in Switzerland, owned by the Shanghai-based company Beiji Technology, managed by a team of professionals with solid experience on cryptocurrency technologies on Wall Street. The company is headed by Changpeng Zhao, who previously headed the Blockchain development department, and also co-founded and technical director of OKCoin.

The name cryptocurrency exchange Binance received as a result of the intersection of two English words: binary (binary, double) and finance (finance).