Portfolio Optimization with BNB (with Binance Research)

This collaborative report between 21Shares and Binance Research analyzed the performance of traditional US equity, and fixed-income portfolios, without crypto, with BNB, and with BNB & BTC. In addition, different rebalancing techniques were also used in this study. We show how, like Bitcoin, BNB has displayed a low correlation with all traditional financial assets over the long-term. Moreover, this research shows the importance of considering skewness in regards to large negative tail risk involved across asset classes.