Binance Wallet Issues Risk Warning on Pre-Access Exposure and High-Risk Token Products

Binance Wallet announced on X that Binance Wallet Services are offered by Binance Barbados Limited. The notice said that pre-access exposure available through Binance Wallet may involve third-party services and provide only contractual or indirect economic exposure to private companies or related assets, including through a fund, LP, SPV, or similar structure, rather than direct ownership of shares, equity, fund units, or other underlying assets. It added that holders do not have direct rights to hold, vote, or receive the underlying assets. The announcement also stated that these tokens are high risk, may be illiquid, and may be subject to lock-ups, transfer restrictions, and limited or unavailable redemption, conversion, or settlement. Users may lose part or all of their investment, and IPOs are not guaranteed. The notice urged users to review the applicable Terms of Use, product documentation, and Risk Warning carefully and to do their own research.