BNB Chain has appointed Thomas Chen as its new Chief Business Officer, a role focused on revenue strategy and institutional partnerships. The appointment comes as traditional finance moves onchain, with stablecoin settlements in February 2026 reaching $7.2 trillion—surpassing the U.S. ACH network. BNB Chain is the second-largest blockchain for real-world asset tokenisation, holding over $5.6 billion in total value locked, and leads all networks with 15 million monthly active stablecoin addresses. Chen brings experience from Bitcoin yield protocol Function, where he was CEO, and from BitGo, where he served as Managing Director and Global Head of Sales.
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 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. According to data, stablecoins settled $7.2 trillion in February 2026, surpassing the U.S. ACH network 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 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.
His remit covers institutional and capital markets, stablecoins and settlement, trading and liquidity, and ecosystem and distribution. “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,” Chen said. “My focus is making sure that activity settles here.”
Chen joins from Function, a Bitcoin yield protocol that scaled to $1.6 billion 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 $100 billion. His career spans 15 years building commercial teams across digital asset infrastructure.
