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Binance VIP head says hedge funds are exploring crypto arbitrage

The Binance executive cited improved market depth and around-the-clock trading, plus weekend price discovery, as reasons hedge fund interest has increased.

Reported · Written up by our desk · Market Structure

Binance VIP and Institutional head Catherine Chen said more traditional hedge funds are increasingly exploring trading on crypto venues, including pursuing arbitrage opportunities.

According to Chen, hedge funds are drawn by arbitrage linked to traditional finance instruments on crypto platforms, such as cash equities and perpetual futures.

Chen also pointed to practical market factors, including improved depth, 24/7 trading, and weekend price discovery, saying these developments have made the opportunities more relevant.

Her comments were made in an interview with The Block at Token2049.

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Sources

The BlockBinance VIP head says hedge funds are actively exploring arbitrage opportunities on crypto venues

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