Binance Rolls Out White-Label Crypto Service for Banks

byrn
By byrn
2 Min Read


Binance



$10.18B



is rolling out a new service designed for traditional financial firms such as banks, brokerages, and stock exchanges that want to give their customers access to digital assets.

Instead of building systems from scratch, these firms can use Binance’s ready-made platform.

The arrangement lets institutions keep control of how they present services to clients. They manage the branding, customer relationships, and overall user experience

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Meanwhile, Binance handles the behind-the-scenes work, including trading, custody, liquidity, compliance, and settlements.

The company explained that interest in digital assets from traditional finance has grown. For many institutions, offering crypto services is no longer seen as optional. Binance noted that demand from clients is at record levels.

Binance stated that its goal is to help institutions reduce costs, mitigate risks, and streamline operations. Building internal systems for compliance, liquidity, and trading can be slow and expensive. Using Binance’s setup offers a faster way to launch crypto services.

The package also gives institutions the option to process orders through their own systems. This helps them manage client activity and liquidity on their own terms while still connecting to Binance’s markets when needed.

In addition, a management tool is included to track client onboarding, trading activity, asset flows, and order distribution.

Recently, Kraken



$619.08M



donated $2 million to conservative groups that support crypto rights, including the Freedom Fund PAC and America First Digital. What was the purpose of the donation? Read the full story.



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