Binance CFO Ng exits after five years for AI and tokenization

Binance’s chief financial officer, Ng, said he is leaving the exchange after five years to build businesses at the intersection of artificial intelligence and tokenized real-world assets, according to his announcement.

His departure comes as Binance is broadening access to tokenized securities and adding AI tools for market information, trading execution and security analytics. The transition places continuity of finance leadership among the operating questions facing the exchange as it adds tokenized-securities distribution channels.

A founder plan across AI and tokenization

Ng said his next chapter will span basketball and music, graphics processing units, robotics, gold and collectibles. He connected those plans to bringing real-world assets onto blockchain through tokenization. “Bringing these real-world assets onto the blockchain through tokenization is a massive opportunity for the industry, and a big unlock for everyone,” Ng stated.

He invited prospective team members to contact him as he develops the projects. One personal interest centers on basketball star Kobe Bryant, whose statue in Ng’s office motivated him during late nights.

Ng described the move from the CFO’s chair to founder as a leap that he takes with humility. Looking ahead to his own businesses, he said: “I deeply believe it is where I can make a greater contribution to AI and Web3.”

MGX was among the parties and institutions Ng acknowledged. The Abu Dhabi-based investment firm, which focuses on AI and advanced technology, acquired a minority stake in Binance through a $2 billion investment in March 2025. Ng also thanked Binance’s leadership and employees, regulators, banking partners, advisers and auditors.

Binance’s tokenization distribution channels

Binance is using two channels to bring tokenized securities into its retail-facing ecosystem:

• Through Bstocks, eligible users can convert supported third-party tokenized securities into certificates backed by the underlying securities. The certificates provide financial exposure without direct ownership of the underlying shares; access and redemption remain subject to restrictions and product terms.
• Ondo Global Markets joined Binance Alpha in February. Binance Alpha provides access to selected digital assets, including tokenized securities, and the integration offered eligible users outside the United States economic exposure to securities including Apple, Nvidia and Tesla.

For eligible users, the distinction is operational. Bstocks creates an indirect exposure route, while Binance Alpha extends distribution through a separate on-platform channel.

AI skills enter market workflows

In March, Binance rolled out seven AI agent skills that connected automated agents with market information, trading execution and security analytics. The seven tools therefore span three operational functions rather than a single trading feature.

Ng framed the combination of tokenization and AI as the area where his next businesses could contribute most. For Binance, the rollout places agent-based tools closer to the data, order-processing and security systems required to operate an exchange.

What does this change for traders and issuers?

In May, Binance CEO Richard Teng said the following 12 to 18 months could prove defining for tokenization. His assessment focused on regulation, institutional access, adoption and settlement infrastructure, particularly the systems connecting tokenized assets with regulated capital markets.

The immediate benefit for traders and issuers is a wider set of distribution paths, not unrestricted direct ownership. Bstocks certificates expose eligible users to supported securities while leaving access and redemption subject to product restrictions. The Ondo integration broadens economic exposure for eligible users outside the United States, while Binance’s AI skills address the operational plumbing around information, execution and security.

Over the next 12 to 18 months, the test will be whether Binance and its partners can connect regulation, institutional distribution, end-user adoption and settlement systems into a reliable route from tokenized assets to regulated capital markets, Teng said.