How Crypto Venues Are Building Financial Operating Systems: Binance as a Super App

From Trading Venue to Financial Operating System Across crypto’s largest venues, the fundamentals of execution, including pricing, depth, latency, and fees, are converging. These remain critical to the business and a precondition for competing at scale, but as they standardize across the top platforms, they become harder to differentiate on. Alongside them, ecosystem breadth is [ ]