The short answer is yes, Binance is definitely converging. However, to understand why this is the case, we need to look at the bigger picture.

As digital assets continue to grow in popularity, it’s becoming increasingly apparent that traditional financial institutions are starting to take notice. This is evidenced by the recent spate of announcements from major banks and financial institutions regarding their plans to either launch or invest in cryptocurrency-related projects.

One of the most notable recent examples is JPMorgan Chase’s announcement that it was launching its own cryptocurrency, JPM Coin. This move by one of the world’s largest banks signals a major shift in the way traditional financial institutions are approaching digital assets.

Similarly, Goldman Sachs is reportedly close to launching a cryptocurrency trading desk, and other major banks are also said to be considering similar moves.

The fact that these major institutions are turning their attention to digital assets is a strong indication that they believe there is significant potential in this emerging market. And as more traditional financial players enter the space, it’s likely that we’ll see even more development and innovation in the sector.

One of the most exciting aspects of this trend is the possibility of convergence between traditional finance and the digital asset world. This would mean that we would see increased integration and interoperability between traditional financial systems and blockchain-based platforms and networks.

This would have a huge impact on the way we interact with both fiat currencies and digital assets, and would open up a whole range of new possibilities for how we use and store value.

So while there’s no guarantee that convergence will happen, it’s definitely something that we should keep an eye on in the coming years. It could very well be one of the most transformative trends in the financial world today.