Binance Launches Cryptocurrency Analysis and Altcoin Research Division

Leading cryptocurrency exchange Binance launches altcoin research lab.

Binance launched its research lab November 8th. Starting this week, in-house research teams will conduct thorough reviews and perform due diligence on each of its listed coins.

The reports are touted as the first "Institutional-grade" research performed by a major cryptocurrency exchange.

The research team - comprised of investment bankers, blockchain engineers, journalists, data scientists, and academics - will provide all reports free-of-charge on Binance Research.

The company plans to review most major projects, even those not listed on Binance.

This year Binance has entered several new business verticals.

Two notable examples are educational portal Binance Academy and cryptocurrency database Binance Info.

By leveraging advantages as a cryptocurrency exchange the company is able to provide high-quality information in each vertical.

"With the evolution of Binance from crypto trading platform to the blockchain ecosystem, we welcomed the responsibility of being a trusted thought leader when it comes to the blockchain."

The first projects slated for analysis are GoChain and Loom Network.