
Daan Crypto Trades|Aug 29, 2025 12:02
Do you guys remember when @binance was supposedly insolvent and would 100% go under?
Yea, me too.
For those not there at the time, this was actually a very popular thing to engagement farm and scare people with about 2 years ago. Glad we're past that now.
Pretty insane seeing the total assets held by them at this point. @okx & @Bybit_Official also at very respectable numbers and up massively in the past few years.
For reference, large banks in Europe generally have an AUM of about 300B-500B. And those often exist for decades and are not just consistent of cryptocurrencies but a lot of fiat, bonds etc.
(Numbers by @DefiLlama)
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