Further to its prior announcement regarding its transition to a new ADGM-regulated structure, Binance today confirmed that these changes are now effective and apply to use of the platform from January 5, 2026 08:00 (UTC).

From January 5, 2026, services on the platform are provided through three ADGM-licensed entities, each operating in accordance with its regulatory permissions:

• Nest Exchange Limited (formerly known as Nest Services Limited): Recognized Investment Exchange, with a stipulation to operate a Multilateral Trading Facility, responsible for all exchange activities, including spot and derivatives trading.
• Nest Clearing and Custody Limited (formerly known as Binance (AD) Limited): Recognised Clearing House, with a stipulation to provide custody, responsible for clearing and settlement, acting as the central counterparty for on-exchange derivatives trades, and safeguarding user digital assets.
• Nest Trading Limited (formerly known as BCI Limited): Broker-Dealer, responsible for off-exchange activities and principal-based services (e.g., OTC trading, Convert, Earn).

This structure mirrors established financial market infrastructures, with clear separation of responsibilities and strengthened risk controls.

To align with this structure, Binance’s contractual arrangements with users have now been updated.

On January 5, 2026, 08:00 (UTC), users’ open positions for on-exchange derivative transactions are “given up” for clearing to Nest Clearing and Custody Limited, which acts as the central counterparty. Nest Clearing and Custody Limited also acts as the custodian of user digital assets, subject to limited exceptions.

These changes relate to Binance’s regulatory and legal structuring and are not intended to alter the way that users interact with the platform.

Users will continue to access their account using their existing UID and login credentials.

Users’ balances, order history, and trading functionality remain unaffected.

Products and services remain available, except that they may now be provided by different regulated service providers under the new structure.

Users’ existing orders and positions will remain open and materially unchanged, except that they may be transferred to the relevant regulated service provider where applicable.