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Binance Follows Coinbase Offering Crypto-As-A-Service for Tradfi

Binance Follows Coinbase Offering Crypto-As-A-Service for Tradfi

Crypto exchange Binance is launching its own crypto-as-a-service solution for licensed banks, brokerages and stock exchanges looking to offer crypto services to their clients.

The ā€œwhite-label solutionā€ will enable these TradFi institutions to tap Binance’s spot and futures markets, liquidity pools, custody solutions, and compliance tools without needing to build their own infrastructure ā€œfrom the ground up,ā€ Binance said in a statement on Monday.

ā€œInstitutions retain full control of the front end — their brand, client relationships, and user experience — while Binance powers the back end: supporting trading, liquidity, custody, compliance, and settlement.ā€

It comes as Binance said ā€œclient demand for digital assets has…

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