[Binance Launches Private IOI Feature to Support Large Spot and Lending Orders for OTC Matching] According to The Block, Binance has introduced a private IOI (Indication of Interest) feature, allowing institutional users to express intentions for large transactions or lending of over $200,000 through OTC (over-the-counter) services without publicly placing orders. This feature supports spot and fixed-rate lending orders and is only visible to the internal OTC team and matching counterparties, avoiding slippage and market disruption while enhancing institutional trading efficiency. Binance stated that it is the first exchange to bring the traditional financial IOI mechanism into the crypto market, with plans to support API submissions in the future.