[PRESS RELEASE – New York, NY, September 28th, 2026]
BNB Chain has appointed Thomas Chen as Chief Business Officer, a new leadership role focused on revenue strategy, institutional partnerships, and long-term value accrual for the BNB Chain ecosystem.
The appointment comes as traditional finance moves onchain in earnest. Banks, asset managers, and payment processors have gone well beyond pilots this year, issuing tokenised deposits and money market funds, building 24/7 settlement rails, and routing institutional liquidity through public blockchains. Stablecoins settled $7.2 trillion in February 2026, surpassing the U.S. ACH network, the backbone of American payments, for the first time.
BNB Chain is already one of the main venues for this activity. It is the second-largest blockchain for real-world asset (RWA) tokenisation, with over $5.6 billion in TVL, and leads all networks with 15 million monthly active stablecoin addresses. Chen brings deep TradFi experience across custody, market structure, and institutional sales. He will apply that expertise directly to BNB Chain’s focus on bringing more stablecoin issuers, RWA platforms, and institutional capital onto the network.
His remit covers:
- Institutional and capital markets: asset managers, banks, custodians and real-world asset issuers, together with the confidentiality and compliance infrastructure regulated institutions require before they transact onchain
- Stablecoins and settlement: issuer partnerships, cross-border payment rails, and agentic payment flows, making BNB Chain the default venue for dollar settlement.
- Trading and liquidity: market makers, exchanges and trading venues, deepening market quality and onchain volume.
- Ecosystem and distribution: protocols, wallets and market infrastructure, connecting builders to the largest distribution surface in crypto.
Thomas Chen, Chief Business Officer at BNB Chain, said: “BNB Chain has the largest user base in crypto, the deepest liquidity in the industry behind it, and a once-in-a-cycle window as real-world assets and AI-agent activity move onchain. My focus is making sure that activity settles here – more volume, deeper markets, and the institutional infrastructure serious capital require before it moves onchain.”
Chen joins from Function, a Bitcoin yield protocol that scaled to $1.6B TVL, where he served as CEO. Before that he was Managing Director and Global Head of Sales at BitGo, where he grew assets under custody to over $100B and helped set its course to IPO. His career spans 15 years, where he has spent more than 7 years building commercial teams across digital asset infrastructure, covering institutions in both traditional finance and DeFi.
About BNB Chain
BNB Chain is one of the largest and most active blockchain ecosystems in the world. Its multi-chain architecture spans BNB Smart Chain (BSC), opBNB, and BNB Greenfield, giving developers the flexibility to choose the environment best suited to their application. With high throughput, low transaction costs, and full EVM compatibility, BNB Chain is built for high-speed trading, AI agents, privacy, and instant payments. It is the blockchain with superior distribution and deep liquidity, built for global markets and the next billion users. For more information, users can visit www.bnbchain.org.
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