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CEX has launched exclusive services for ultra-high net worth encryption investors called CEX Prestige

On November 26, CEX announced on Wednesday the launch of a new VIP service aimed at the ultra-high-net-worth (UHNW) market, named CEX Prestige. CEX Prestige offers high-level, specialized digital asset management services for family offices, private funds, and other asset allocators. This new service, designed specifically for ultra-high-net-worth clients, complements CEX Wealth, which was launched a year ago and primarily targets advisors and wealth managers of high-net-worth clients. According to a survey by Avaloq, over half of wealth management professionals believe that digital assets play a key role in client interactions, up from 44% last year. Currently, CEX provides special accounts for VIP users, and investors must hold over $500,000 in tradable funds and a certain amount of BNB tokens on the trading platform to apply. VIP Holder accounts are divided into four levels, with level four being the highest net worth level. CEX Prestige does not set a hard asset threshold, but the service is mainly aimed at investors with assets around $10 million, which is roughly equivalent to the funding level required to open a private banking account.

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